Block deal today: V2 Retail see 4.4% equity changing hands worth Rs 258 crore
A institutional flows development with market-wide reach.
· Business Today Mkts
The block deal comes days after V2 Retail reported 28 per cent year-on-year (YoY) growth in revenue, driven by 65 per cent YoY growth in retail area and 31 per cent YoY volume growth.
The analysis
This is a Promoter stake / pledge event. Promoters transact with better information than the market. Direction against the price trend is the signal — accumulation into weakness reads differently from a sale into strength.
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