Rekha Jhunjhunwala-backed Baazar Model Retail plunges 11% from day’s excessive whilst Q2 income jumps 71% YoY

Shares of ace investor Rekha Jhunjhunwala-backed Baazar Model Retail tumbled 11% from the day’s excessive to hit a session low of Rs 347.55 on the NSE on Friday. The sharp reversal got here after an preliminary 4% surge, triggered by the corporate’s sturdy September-quarter efficiency, with standalone income from operations leaping 71% year-on-year to Rs 532 crore.

The sell-off was accompanied by heavy volumes, with almost 25 lakh shares altering fingers on the NSE round 2:10 pm.

For the half-year interval, the corporate’s topline grew 55% to Rs 910 crore. Its gross sales per sq. toes (PSF) stood at Rs 865 per 30 days in Q2FY26 and Rs 768 per 30 days in H1FY26, an organization submitting to the exchanges stated.

As of September 30, 2025, Baazar Model Retail operated 250 shops with a complete rental space of twenty-two.96 lakh sq. toes. In Q2FY26, the corporate added 20 new shops whereas closing 2. Throughout H1FY26, Baazar Model Retail expanded its footprint with 42 new additions towards 6 closures.

The Similar Retailer Gross sales Development (SSSG) grew 22% in Q2FY26 and 10% in H1FY26.

Baazar Model Retail is a worth style retailer primarily based out of Kolkata.Rekha Jhunjhunwala publicly holds 25 shares with a web value of over Rs 39,787.4 crore, in line with Trendlyne. She held a 3.4% stake within the Baazar Model Retail on the finish of the September quarter, which is valued at Rs 99 crore.Shares of Baazar Model are presently buying and selling above their 50-day and 200-day easy shifting averages (SMAs) of Rs 327.5 and Rs 290.3, Trendlyne knowledge confirmed.

The inventory has been fairly risky with a 1-year beta of 1.1.

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Baazar Model Retail’s June quarter standalone web revenue was Rs 2 crore, in comparison with a loss within the year-ago interval. Quarterly income within the stated interval stood at Rs 381 crore, recording a 36.5% YoY uptick.

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