Motilal Oswal sees 27% upside in this retail stock; should you buy?

Motilal Oswal initiated coverage on V2 Retail with a Buy rating and a ₹275 target, implying around 27% upside. The brokerage is bullish on the retailer’s tier-II/III focus, strong store economics, high private-label mix and disciplined inventory management, which it believes offer significant room for growth.