Varun Beverages rises 0.58% as Sensex slides

economictimes.indiatimes.com:

Varun Beverages Ltd. traded at Rs 1482.75 on BSE at 01:45PM (IST) on Tuesday, up 0.58 per cent from previous close.
The scrip quoted a 52-week low price of Rs 828.2 and a high of Rs 1707.1.

Earlier, shares of the company saw a gap up opening in the morning.
A total of 102,544 lakh shares changed hands on the counter till 01:45PM (IST).
The stock of Varun Beverages Ltd. commanded a market value of Rs 192551.08 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 79.47, while the price-to-book value ratio stood at 23.16. Return on equity (ROE) was at 29.64 per cent, according to exchange data.
In the BSE500 pack, 170 stocks traded in the green, while 330 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.34.
Promotor/FII Holding Promoters held 62.66 per cent in Varun Beverages Ltd. as of 30-Jun-2024 while overseas and domestic institutional investors owned 25.32 per cent and 2.42 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1364.58 on August 13, while the 50-DMA was at 1572.31. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.