MULTIBAGGER V2 Retail Ltd - Trgt 90 Rs 2yrs time Frame Medium Term
- V2 stands for Value and Variety which forms the V2 retail chain. This company was earlier known as Vishal Retail Ltd. yes the same Vishal retail which was in 800 Rs range, they have change the name to V2 retail after selling there bad debts and core business. Now they are focus on retail front
- The company sells ready-made ,apparels ,household merchandise and other consumer goods like footwear ,toys ,games ,handbags, fragrance , cosmetics ,home furnishing, décor product ,sports items crockery, novelties and gifts.
- There business works just like bigbazaar now they do bulk purchases and pass on the discount they get to the customer. This model is very sucessful in India.
- They also have susidiaries company VRL Movers Ltd, VRL Infrastructure Ltd. and VRL Retail Ventures Ltd. Which all fall under V2 retail.
- Currenty they have their showroom at 8 locations in India and mainly focus on Midleclass.
- In recent quarter the the company posted a profit of 5.5 crores compared to previous quarter of 2.09 crores.
- We expect this retail store to grow or great acquisition candidate in future hence expecting a minimum return of 90 in 2 yrs time frame.
Open cheapest Brokerage account (Only Rs 20 per trade) in India
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