V2 Retail climbs on entering long-term strategic retail arrangement with Cupid
V2 Retail is currently trading at Rs. 154.30, up by 4.65 points or 3.11% from its previous closing of Rs. 149.65 on the BSE.
The scrip opened at Rs. 154.85 and has touched a high and low of Rs. 155.60 and Rs. 150.45 respectively. So far 170521 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 259.45 on 04-Jun-2026 and a 52 week low of Rs. 145.60 on 30-Oct-2026.
Last one week high and low of the scrip stood at Rs. 167.30 and Rs. 145.60 respectively. The current market cap of the company is Rs. 5537.02 crore.
The promoters holding in the company stood at 51.43%, while Institutions and Non-Institutions held 15.93% and 32.64% respectively.
V2 Retail has entered into a long-term strategic retail arrangement with Cupid, a growing player in the personal care, wellness and consumer healthcare segment. Under the arrangement, Cupid will receive 400 square feet of dedicated retail space across V2 Retail's existing network of over 425 stores, as well as all future stores opened by the Company. The initiative is aimed at strengthening V2 Retail's product assortment by introducing a wider range of personal care, hygiene, wellness and consumer products across its retail network.
Supply operations are expected to commence shortly, with the products targeted to be available across V2 Retail's entire store network by mid-December 2026. The partnership is expected to enhance product accessibility, provide customers with greater choice and further strengthen V2 Retail's in-store shopping experience.
