Varun Beverages share price up 0.17 per cent
Varun Beverages Ltd. traded 0.17 per cent up at Rs 928.1 at around 01:40PM (IST) on Tuesday. The stock had closed at Rs 926.45 in the previous session.
Equity benchmark Sensex traded 602.37 points higher at 66114.76 around the same time.
The scrip has climbed 70.41 per cent in the last one year till date, while the 30-share index has gained 13.62 per cent during the same period.
The stock's 52-week high price stood at Rs 979.15 and the 52-week low price at Rs 481.67.
Trading volume on the counter stood at 24,628 shares, while it quoted a price-to-earnings ratio of 64.2, an EPS value of 14.46 and a price-to-book value of 16.84. In the Nifty50 pack, 44 stocks traded in the green, while 4 stocks were in the red.
Promoter/FII Holding Promoters held 63.1 per cent stake in the company as of 30-Sep-2023, while FII and MF ownership stood at 27.55 per cent and 2.22 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 5653.0 crore, up 44.83 per cent from the previous quarter's Rs 3903.11 crore and up 13.85 per cent from the year-ago quarter's Rs 4965.29 crore. The company reported net profit of Rs 993.81 crore for the latest quarter.
Technical Indicators The MACD signalled a bearish bias on the counter.
The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.
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