Varun beverages share price

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The company received approval for the stock split in a postal ballot on June 2, 2023. On BSE, Varun Beverages' share price closed at ₹1686.75 apiece down by ₹18.80 or 1.10% on Tuesday. Varun Beverages is among the top picks of Axis Securities for June month in the large-cap basket. Read here: How traders will benefit from Bank Nifty futures & options expiry on Friday every week? In its June top picks report, the brokerage said, "We believe VBL is well-placed under the current market situation as a strong summer season is expected to drive overall beverage sales across regions." Furthermore, the brokerage's note said, "The initial report on possible El-Nino (deficit rainfall) could delay the rural recovery which would lead the entire FMCG pack (ex-ITC) under wait-and-watch mode. Hence, in this current volatile market situation, we believe VBL provides better earning visibility than other FMCG peers in the near term." Hence, the brokerage has set a target price of ₹1,860 apiece for Varun Beverages. According to the brokerage, VBL’s strong presence in the North and East, coupled with strong traction from newly acquired territories (South and West) through distribution expansion and market share gains place VBL on a stronger footing. Also, early data suggests a strong probability of El Nino, leading to a potentially warmer summer this year. Read here: ₹386 crore in Indian stocks on 6 June; DIIs turn net sellers Meanwhile, brokerage's note said, VBL seems to be well-placed to i...

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 62.0 while price-to-book ratio stood at 16.84. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business. Promoter/FII Holding Promoters held 63.9 per cent stake in the company as of 31-Mar-2023, while FII and MF ownership in the firm stood at 26.0 per cent and 2.71 per cent, respectively. Key Financials The company reported consolidated sales of Rs 3903.11 crore for the quarter ended 31-Mar-2023, up 75.54 per cent from the previous quarter's Rs 2223.48 crore and up 37.63 per cent from the year-ago quarter's Rs 2835.98 crore. Its net profit for the latest quarter stood at Rs 429.07 crore, up 68.79 per cent from the same quarter a year ago. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Varun Beverages Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Varun Beverages Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/106187/varun-beverages-ltd/ Get Varun Beverages Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Varun Beverages Limited, together with its subsidiaries, operates as the franchisee of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo. It manufactures, bottles, distributes, and sells a range of CSDs under the Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Mountain Dew Ice, Seven-Up Nimbooz Masala Soda, Evervess, Sting, Gatorade, Slice Fizzy Drinks, Duke, and Pepsi Black brand names. The company also produces and distributes NCBs under the of Tropicana Slice, Tropicana Juices, and Nimbooz brand names, as well as packaged drinking water under the Aquafina brand name. It sells its products to retail outlets directly and through distributors in India, as well as territories of Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. The company was incorporated in 1995 and is based in Gurugram, India. Varun Beverages Limited is a subsidiary of RJ Corp Limited.

• Stock Returns vs Nifty 100 Stock gave a 3 year return of 1010.73% as compared to Nifty 100 which gave a return of 83.77%. (as of last trading session) • Stock Returns vs Nifty FMCG Stock generated 1010.73% return as compared to Nifty FMCG which gave investors 76.57% return over 3 year time period. (as of last trading session) NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 64.26 20.60 29.34 28.88 12.88 22.34 16.77 11.76 23.05 0.86 0.72 2.06 51.62 33.62 65.69 54.05 24.82 11.49 17.30 14.17 96.39 1.15 0.84 0.00 66.76 4.69 7.40 9.11 5.27 12.56 12.48 9.76 13.02 2.12 0.07 0.81 96.26 6.86 7.12 16.82 2.77 24.94 2.68 0.95 4.48 1.24 0.27 0.00 45.79 4.12 0.00 -1.08 -0.12 33.78 0.42 -0.69 -0.32 0.20 -1.75 0.00 Add More • Stock Returns vs Nifty 100 Stock gave a 3 year return of 1010.73% as compared to Nifty 100 which gave a return of 83.77%. (as of last trading session) • Stock Returns vs Nifty FMCG Stock generated 1010.73% return as compared to Nifty FMCG which gave investors 76.57% return over 3 year time period. (as of last trading session) Meeting Date Announced on Purpose Details May 02, 2023 Apr 12, 2023 Board Meeting Quarterly Results & Stock Split Mar 27, 2023 Feb 06, 2023 AGM Book closure from 20 Mar, 2023 to 27 Mar, 2023 Feb 06, 2023 Jan 31, 2023 Board Meeting Audited Results & Final Dividend Nov 01, 2022 Oct 21, 2022 Board Meeting Quarterly Results Aug 01, 2022 Jul 22, 2022 Board Meeting Quar...

Varun Beverages Ltd. is a Public Limited Listed company incorporated on 16/06/1995 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1995PLC069839 and registration number is 069839. Currently Company is involved in the business activities of Manufacture of soft drinks; production of mineral waters and other bottled waters. Company’s Total Operating Revenue is Rs. 6595.74 Cr. and Equity Capital is Rs. 433.03 Cr. for the Year ended 31/12/2021.