Varun Beverages shares fall 1.58 per cent in Thursday's trading session
Varun Beverages Ltd. fell 1.58 per cent to Rs 812.65 in Thursday's trade as of 01:34PM (IST) even as the benchmark Nifty ruled at 19455.0, up 56.5 points. The scrip had closed at Rs 825.7 in the previous session.
The stock quoted a 52-week low of Rs 393.12 and a high of Rs 873.57. The company quoted a market-cap of Rs 105358.31 crore on the BSE. On BSE, 78,090 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 63.0 times its trailing 12-month EPS of Rs 12.87 per share and 16.84 times its book value. The return on equity (ROE) stood at Rs 29.34.Key Financials For the quarter ended 31-Mar-2023, Varun Beverages Ltd. reported consolidated sales of Rs 3903.11 crore, up 37.63 per cent from the same quarter a year ago.
The company reported 68.79 per cent YoY growth in net profit at Rs 429.07 crore for the latest quarter.Technical indicators The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
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