Rekha Jhunjhunwala-backed Baazar Style Retail plunges 11% from day’s high even as Q2 revenue jumps 71% YoY – News Air Insight

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Shares of ace investor Rekha Jhunjhunwala-backed Baazar Style Retail tumbled 11% from the day’s high to hit a session low of Rs 347.55 on the NSE on Friday. The sharp reversal came after an initial 4% surge, triggered by the company’s strong September-quarter performance, with standalone revenue from operations jumping 71% year-on-year to Rs 532 crore.

The sell-off was accompanied by heavy volumes, with nearly 25 lakh shares changing hands on the NSE around 2:10 pm.

For the half-year period, the company’s topline grew 55% to Rs 910 crore. Its sales per square feet (PSF) stood at Rs 865 per month in Q2FY26 and Rs 768 per month in H1FY26, a company filing to the exchanges said.

As of September 30, 2025, Baazar Style Retail operated 250 stores with a total rental area of 22.96 lakh square feet. In Q2FY26, the company added 20 new stores while closing 2. During H1FY26, Baazar Style Retail expanded its footprint with 42 new additions against 6 closures.

The Same Store Sales Growth (SSSG) grew 22% in Q2FY26 and 10% in H1FY26.


Baazar Style Retail is a value fashion retailer based out of Kolkata.Rekha Jhunjhunwala publicly holds 25 stocks with a net worth of over Rs 39,787.4 crore, according to Trendlyne. She held a 3.4% stake in the Baazar Style Retail at the end of the September quarter, which is valued at Rs 99 crore.Shares of Baazar Style are currently trading above their 50-day and 200-day simple moving averages (SMAs) of Rs 327.5 and Rs 290.3, Trendlyne data showed.

The stock has been quite volatile with a 1-year beta of 1.1.

Also read: Tata Group’s last IPO had a multibagger at listing. Can Tata Capital repeat the feat?

Baazar Style Retail’s June quarter standalone net profit was Rs 2 crore, compared to a loss in the year-ago period. Quarterly revenue in the said period stood at Rs 381 crore, recording a 36.5% YoY uptick.

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