Varun beverages news

It has a loyal partner of nearly 30 years in the country — a company by the name of Varun Beverages Ltd (VBL). 15%. 04 Shares of Varun Beverages surged by over 5% in early trade on Tuesday following the announcement of its Q1 earnings. 69% below its 52-week high of 1,672. RMB. 20. 05 lower at Rs 1,425. It hit a high of Rs 1412. According to food Stock analysis for Varun Beverages Ltd (VBL:Natl India) including stock price, stock chart, company news, key statistics, fundamentals and company profile. com is subject to the FT Terms & Conditions. Watch Varun Beverages stock price in real-time on Markets What are Varun Beverages’ growth drivers? The market for refrigerators in India is expected to grow at a compound annual growth rate (CAGR) of 9. On February 28, 2024, the company's stock lost -3. At 11:51 am, the stock fell 0. With an m-cap of Rs 1. Get the latest news and updates on Varun Beverages, the largest franchisee of Coca-Cola in India. 0 and a high of Rs 1130. 3 at 11:36AM (IST) on Thursday, even as BSE benchmark Sensex gained 50. We are on track towards strengthening our position in the global beverage industry with our presence in 6 countries in the Indian sub-continent and Africa - where we are responsible for producing The broader outlook for the shares of Varun Beverages indicates a sideways trend in the range of 1350 – 1550. The BSE volume for the day was 43823 shares Multibagger stock: Varun Beverages shares have zoomed 350% in two years. It has an opportunity to expand distribution, gain share in the South & West and drive strong varunbeverages. Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for. 15/04/2024. Varun Beverages Ltd News: Get the latest news today on Varun Beverages Ltd. Shares of Varun Beverages in early trade on Wednesday (December 20) zoomed as much as 18 per cent to notch a fresh 52-week high of Rs 1,380. NS) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Varun Beverages News: Get the latest Varun Beverages news today. Chawla is a highly accomplished finance professional with over 28 years of experience. 1560. The 52-week high for the stock is ₹ 1560. 4%. However, on the downside, if the price fails to hold 1350, bears may enter, driving stock to 1200 mark. India's domestic mutual funds have most likely missed the rally seen in Varun Beverages shares. 3 and Rs 700. Varun Beverages has been trading in the price range of 1,617. As per BSE BENGALURU, Dec 19 (Reuters) - Pepsi India bottler Varun Beverages said on Tuesday it will buy South Africa-based The Beverage Company in a deal valued at 13. This performance was in line with the overall trend in the sector, as the Breweries industry gained 5. Since listing in late-2016, shares of Varun Beverages have delivered positive annual returns every single year. The return on equity (ROE) for the stock stood at 29. Varun Beverages shares are trading higher than the 50 day, 100 day and 200 day moving averages but lower than 5 day and 20 day moving averages. Varun Beverages zooms up to 18% as the company's foray into South African market cheers brokerages. News Varun Beverages Limited. We are on track towards strengthening our position in Varun Beverages Company Stats. gained 1. A daily close below support of Rs 1550 could lead to lower target Find the latest Varun Beverages Limited (VBL. The Nifty Next 50 represents 50 stocks from the Nifty varun beverages news Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. 52 crore till 01:44PM (IST). Varun Beverages : Appoints New CFO. 3 million) for the quarter ended March 31, from 4. Traded volume on the counter stood at 01:50PM shares and turnover at Rs 3. 45 on Wednesday, this a day after the company announced its Shares of Varun Beverages jumped over 3% to the day's high of Rs 1,350 on the NSE on Tuesday following the company's strong December quarter earnings and Varun Beverages, a key player in the beverage industry and one of the largest franchisees of PepsiCo, reported a resilient performance in the June quarter of India-based Pepsi bottler Varun Beverages on Tuesday reported an about 69% jump in quarterly profit on price increases and steady demand, and said it would Get the latest Varun Beverages Ltd (VBL) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment Varun Beverages Q1 results: Net Profit rises 25% to Rs 548 crore. 4 per cent year-on-year (Y-o-Y) at 220 million cases and improved realisations, which edged up by Varun Beverages Share Price Today : On the last day, Varun Beverages opened at ₹ 1422. Market cap of the firm stood at Rs 1. It is the largest bottling company of PepsiCo 's beverages in the world outside the United States and the largest in AMESA sector. It operates through the India and Outside India geographical segments. VBL has been associated with PepsiCo since the 1990s and have over two and half decades consolidated its business association with PepsiCo, increasing Brokerage firm Morgan Stanley has initiated coverage on Varun Beverages with an "overweight" rating. As per data available on BSE, total traded quantity on the counter stood at 38,643 shares with a turnover of Rs 3. Stay in loop with Varun Beverages's Shares of Varun Beverages jumped over 3% to the day's high of Rs 1,350 on the NSE on Tuesday following the company's strong December quarter earnings and positive stock reviews by a clutch of top brokerages. 67 crore around that time. Stock Market Live Updates Stocks to Watch Today Parliament LIVE Weather Update Today Latest News LIVE NEET Row Updates Gold-Silver Price Today ICC T20 World Cup 2024 Lok Sabha Varun Beverages, meanwhile, in its 2023 annual report had disclosed plans to enhance production capacities for juices and value-added dairy products within the year. VBL has been associated with PepsiCo since the 1990s and have over two and half decades consolidated its business association with PepsiCo, increasing Additionally, Varun Beverages approved a final dividend of 1. 55 on BSE. Cmpname. This growth is being driven by factors such as shifting population demographics, the Notably, the Rs 1,540 target price for Varun Beverages is Jefferies’ base case scenario which forecasts around 24 percent annual growth in revenue for the company over the calendar year 2021-2024. 45 in the early trade on December 20 after the company announced the acquisition of South Africa-based Beverage Find the latest Varun Beverages Limited (VBL. 65 points to 73903. Shares of the company, which rose more than 30% during the December quarter Varun Beverages, PepsiCo's largest franchise bottler, on Monday reported a two-fold rise in consolidated profit after tax at Rs 802. com is for your general information and use only Varun Beverages Zimbabwe had, until the latest diversification, been predominantly focused on the production of its range of beverages. Shares of the company traded in the red. 15, up 54. 42 crore for Varun Beverages, PepsiCo's largest franchise bottler, on Monday reported a two-fold rise in consolidated profit after tax at Rs 802. With a 'Buy' call from MarketsMojo and consecutive gains for the last 4 days, the company's stock is Varun Beverages share price today is around ₹ 1,450 apiece. Find out about its financial results, share price, board meetings, analyst calls Pepsi India bottler Varun Beverages reported a nearly 77% surge in its quarterly profit on Monday, as it saw double-digit volume growth across domestic and BENGALURU, May 13 (Reuters) - Varun Beverages (VARB. 00, set on Jun 19, 2024. com. 01 crore for June quarter on growth in revenue from operations and improvement in margins. com Motilal Oswal, who has a buy rating on Varun Beverages, raised its calendar year 2023 / 2024 earnings estimate by 6 percent and 3 percent after factoring in better-than-expected realisations and margin. Therefore, absolute value of one's ₹ 14,685 would have become ₹ 1. Members were issued one bonus share for every two equity shares they Varun Beverages stock price went up today, 27 Sep 2023, by 0. The breakout over 1550 would see the stock reaching 1700 -1800 range. Varun Beverages Limited ( VBL) is an Indian multinational company that manufactures, bottles and distributes beverages. हिंदी में पढ़ें . varun beverages news Blogs, Comments and Archive News on Economictimes. 25 rupees per share for the financial year ended Dec. Wed, Dec 20, 2023. 58 lakh ( ₹ 14,685 x ₹ 1,450) today. stood at Rs 193362. Website. fell 0. 15 from Friday's closing of Varun Beverages, leading bottler of beverage major PepsiCo, on Saturday said it has started commercial production of soft drinks and energy drinks from its production facility at Gorakhpur, Uttar Pradesh. 80 crore in April-June 2021. Varun is on an aggressive urban assault to capture more market share and Shares of Varun Beverages Ltd. While most consumer companies are struggling with volume growth, Varun Beverages outperformed its peers as its sales for the fourth quarter of the 2022-23 financial year (Q4FY23) surged 37. 97 per cent higher on the National Stock Exchange (NSE) at Rs 1,300. "We wish to inform you that a meeting of the board of directors of the company will be held on Tuesday, 2 May 2023, inter-alia, to consider and approve unaudited financial Varun Beverages share price history. In a regulatory filing, Varun Beverages Ltd (VBL) announced that they will expand their offerings at the Gorakhpur facility to Also Varun Beverages expansion of distribution reach to 3. has approved a stock split in the ratio of 1:2 at its board meeting on Tuesday. 4% or ₹20. Varun Beverages on February 5, reported a consolidated net profit of Rs 132 crore for the December quarter of FY24 RSS stands for Really Simple Syndication. Varun Beverages Limited as a Public Limited Company • PepsiCo acquired 26% stake in Devyani Beverages Limited* (*Merged with VBL in 2004) • Sub-territories of Goa, three districts of Maharashtra and North-East India were consolidated, subsequent to merger of a Group company • Also, three companies having the territories of Nepal, Sri Varun Beverages News. Varun Beverages Limited is an India-based company, which is a franchisee of PepsiCo. 71 million) Reuters has reported. Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Wednesday said it has completed the acquisition of South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. In Q3 CY22, Varun Beverages' profit after tax grew by 53. 11 crore for the quarter ended 31-Mar-2023, Shares of Varun Beverages Ltd. VBL has also issued a corporate guarantee amounting to ZAR 1,500 million (around Rs 660 crore) to secure Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Monday reported a consolidated net profit of ₹ 132 crore for the fourth quarter ended December 2023, up 77% year-on-year, helped by growth in revenue and improved profit margins. 3 during the session. Varun Beverages reported a rise in fourth-quarter net profit on higher revenue from its Indian and overseas markets. Varun Beverages reported a 69% YoY surge in profit Varun Beverages Ltd (VBL), a major PepsiCo franchise bottler globally, announced the acquisition of South Africa's Beverage Company (Bevco) and its subsidiaries at a Rs 1,320 crore enterprise value. 31 crore during the corresponding quarter of last year. 40 in the previous KR Choksey is bullish on Varun Beverages has recommended buy rating on the stock with a target price of Rs 1732 in its research report dated March 18, 2024. S. KR Choksey's research report on Varun Shares of Varun Beverages hit a record high in early trade today amid a weak sentiment in the broader market. 23 May 2024. A vertical stack of three evenly spaced horizontal lines. Menu icon A vertical stack of three evenly spaced horizontal lines. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to Varun Beverages Ltd Company News. 95. 9 and low of Rs 1361. 2% stake that FPIs owned. Varun Beverages, Zomato, Jindal Steel & Power, Tube Investments of India Ltd, Aditya Birla Capital, UPL, Sanofi India, Chalet Hotels, Karur Vysya Varun Beverages, a leading player in the breweries and distilleries industry, has been performing exceptionally well in the stock market. 39% and has been on a consecutive gain for the last 4 days, with a total return of 11 Varun Beverages, leading bottler of beverage major PepsiCo, is expanding its production capacities in the juices and value-added dairy products segments in 2024, according to the latest annual report of the company. The stock of PepsiCo's bottling partner is up 18x since its IPO, Varun Beverages Ltd. Also get Varun Beverages Share/Stock detailed Information on Varun Beverages along with top stories and articles on Varun Beverages Shares of Varun Beverages Ltd have delivered multibagger returns in the last three years. Revenue also saw a significant uptick, rising by 11. Shares of Varun Beverages have already risen 40 percent so far in 2023. 25 per share. News Today's news NEW DELHI: The board of Varun Beverages on Thursday approved the bonus issue of equity shares in the proportion of one for every two held by investors. 85 on August 14, 2023 ended at Rs 867. 7 per cent. Source- Reuters. NS), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Updated On Nov 6, 2023 at 01:57 PM IST. Varun Beverages, one of the largest bottlers of PepsiCo products outside the US, plans to focus on growing its production capacity in juices and value-added dairy products in calendar year 2024. 01 crore for June quarter on growth Pepsi India bottler Varun Beverages reported a nearly 77% surge in its quarterly profit on Monday, as it saw double-digit volume growth across domestic and Shares of Pepsico bottler Varun Beverages Ltd will trade ex-dividend from April 4. Varun Beverages, a top bottler for PepsiCo beverages, announced the launching of commercial production of soft drinks and energy drinks at its manufacturing plant in Gorakhpur, Uttar Pradesh. Varun Beverages share price has gained about 20 per cent this year till May 13 Varun Beverages Limited is an Indian multinational company that manufactures, bottles and distributes beverages. It is involved in the manufacture, bottling, distribution, and sale of a range of December 19, 2023 / 06:37 PM IST. The Shares of Varun Beverages surged by over 5% in early trade on Tuesday following the announcement of its Q1 earnings. Stock Market Live Updates Stocks to Watch Today Lok Sabha Session Live Weather Update Today Latest Shares of Varun Beverages Ltd have surged a stellar 102% from their 52-week low hit last year. 2 billion rupees ($158. Industry Classification of { {ScripHeaderData. It is the largest bottling company of PepsiCo's Shares of Varun Beverages rallied nearly 7% on Thursday as the stock turned ex-split. The stock has outperformed the sector by 1. 57% intraday to Rs 855 against the previous close of Rs 817. The revenue growth of the company was led by volume growth of 15. 71 million It is the difference between the 26-day and 12-day exponential moving averages. Its price target of ₹1,701 implies a potential upside of 23% from the stock's closing levels on Monday. Varun Beverages Ltd. 3% to Rs 396 crore from Rs 258 crore in Q3 CY21, driven by high Companies to post Q4 results today — May 13. 2 min read Last Updated : Nov 07 2023 | 11:11 AM IST. Varun Beverages Ltd, a franchise partner of PepsiCo, on Monday reported a 25 per cent rise in consolidated profit after tax at Rs 547. More >. 1 crore in the July to September quarter of CY23, driven by growth in revenue and improvement in At 11:11 IST, shares of the company were trading 0. 45 as compared to its last closing price. rose 0. Varun Beverages, a leading player in the breweries industry, has seen a positive trend in its stock performance, with a 4. Stay Informed with our up-to-date coverage of Varun Beverages's latest news and developments. Analyst, Technical & Derivatives of Angel One, recommends buying Fertilisers and Chemicals Travancore Ltd (FACT) and Varun Beverages Ltd. 12 on August 17, while the 50-DMA was at 817. 25 per share for the financial year ended December 31. 52 per cent on BSE at Rs 1436. On a year-to-date (YTD) basis, the shares of Varun Beverages have At 1. On Friday, Varun Beverages Ltd (VBL:NSI) closed at 1,593. -- Bottling company Varun Beverages said Rajesh Chawla was promoted to the position of chief financial officer and key managerial personnel, according to a Monday filing. is on expected lines given past communication; however, the deal fast-tracks its plans with a ready-capacity networ. Get all the Varun Beverages breaking news updates, videos, photostories and more at Business Standard. The scrip had settled at Rs 1444. www. 36 per cent in consolidated net profit at Rs 1,005. , surged as much as 4. Varun Beverage Blogs, Comments and Archive Overview: Varun Beverages Limited, along with its subsidiaries, functions as a franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages, Check out why Varun Beverages share price is down today. 7 and 52-week low prices of Rs 781. The stock declined after the franchise partner of PepsiCo reported its Q1 results. 61% CNXFMCG +0. The market capitalization stood at ₹ 186183. Varun Beverages' share price history. All content on FT. RSS feed is a XML file that provides summaries, including links to the full versions of the content. The latest Varun Beverages stock prices, stock quotes, news, and history to help you invest and trade smarter. The company was founded by Ravi Kant Jaipuria on June 16, 1995 and is headquartered in Gurugram, India. 9 crore compared to Rs 438. ** Shares of Varun Beverages VBL rise as much as 5% to a record high of 1,593. 7 per cent year-on-year to Rs 3,893 crore. stood at Rs 101863. 34 per cent jump in consolidated profit after tax at Rs 395. 98 crore in the first quarter ended March 2024. Stock Market Live Updates Stocks to Watch Today Parliament LIVE Weather Update Today Latest News LIVE Realme GT 6 Varun Beverages share price today: Varun Beverages stock rose 4. The company reported consolidated sales of Rs 2676. 69 crore at the time of writing this report. za) acted as sole financial advisor to BevCo and selling shareholders, including a Private Equity Fund Varun Beverages operates in Morocco, Zambia, Zimbabwe, Sri Lanka and Nepal as well as India, its major market, and where it is PepsiCo’s major franchise partner with operations in most states. The Indian soft-drink maker and PepsiCo franchisee said Monday that net profit rose 77% from a year earlier to 1. 55, -4. Find the latest VARUN BEVERAGES financial news and headlines to keep up with the events that impact VBL performance. Earlier in the day, the stock saw a gap up start to the session. Also, BofA has a buy on Varun Beverages and SPARK initiated coverage on PB Fintech with a reduced rating. VBL which Varun Beverages to acquire South Africa-based BevCo for Rs 1320 crore stock rise 70 percent in 1 year. The Plant Base is the go to B2B news platform for the On Tuesday, Varun Beverages Ltd (VBL), PepsiCo‘s largest franchise bottler, announced the acquisition of South Africa-based Beverage Company (Bevco) and its wholly-owned subsidiaries at an enterprise value of INR 1,320 crore. It is involved in the manufacture, bottling, distribution, and sale of a range of CSDs under Mr. 71 million), enabling it an entry into Africa 04 We Are Varun Beverages Limited 06 Our Journey of Evolution 08 Chairman’s Message 10 Refreshing the World, Consistently 12 Refreshing Times, Resounding Growth 14 Decisive Roadmap, Definite Progress 16 Amplifying Strengths, Multiplying Outcomes 18 Board of Directors 20 Towards a Net Zero Tomorrow 22 About the Report, Scope and Shares of Varun Beverages, the largest franchisee of PepsiCo outside the U. We have collated a list of recommendations from top brokerage firms Varun Beverages, one of the largest franchisees of PepsiCo globally, hit a 52-week high of Rs 972. 6% on a year-on-year to touch ₹ 2,101. The company, which follows the calendar year as its financial year, had posted a net profit of Mobile reviews with 4. 37 billion rupees ($64. 68 lakh crore, surpassing that of Tata Steel which is CEO. 5 apiece. 90 on September 26, buoyed by high volume trade and a positive brokerage outlook. The company, which follows a calendar year (January-December) of reporting, had posted Get Quote. : { {CompData. Delta has had a firm grip on the Zimbabwean drinks market and is home to international brands of soft drinks and beers. The company reported consolidated net sales of Rs 3903. NS) stock quote, history, news and other vital information to help you with your stock trading and investing. Key Financials. The stock gained 2. [3] [4] The company was incorporated in 1995 as a subsidiary of RJ Corp, and Gurugram-based Varun Beverages' consolidated net profit rose to 5. Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 53. 17 per cent from previous quarter's Rs 3889. 0, respectively. SecurityCode}}) Sector. 3 and a low of Rs The success of Varun Beverages 500ml PET was the game changer from the day it was launched in Zimbabwe, and now with 1ltr PET bottles’ available across Zimbabwe, the home consumption occasion and get-togethers will become more affordable with the choice derived from 4-in-1 benefits in the 1ltr Pepsi, Mirinda, 7Up and Mountain Despite this, Varun Beverages is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The record date for determining entitlement of equity shareholders was fixed at June 15. Elara Capital identified three important growth drivers, such as innovative offering Varun Beverages said in its investor presentation that it saw a 21% surge in its revenue from operations at 27. 29 billion rupees in the year-ago period. 31 per cent to Rs 918. The profit after tax grew by 35. 8% jump in revenues in calendar year 2023. Get Varun Beverages Ltd (VARB. 8 in Friday's trade as of 12:33PM (IST) even as the benchmark Nifty ruled at 20955. Get all the information on Varun Beverages with historic price charts for NSE / BSE. VBL −0. Varun Beverages Share Price: BevCo एक दक्षिण अफ्रीकी कंपनी है जो पेप्सिको और खुद के ब्रांड वाले नॉन-अल्कोहल Varun Beverages Share Price: Find the latest news on Varun Beverages Stock Price. Varun Beverages has officially received approval from our esteemed partner, PepsiCo, for a significant investment in a state-of-the-art manufacturing plant dedicated to producing the beloved snack Varun Beverages Limited – Q3 9M CY2017 Earnings Call Transcript. 60 on BSE. VBL accounts for 90 per cent of PepsiCo's beverage sales volume in India. The brokerage said the company’s acquisition of The Beverage Co. The company, which follows January-December financial year, had posted a PAT of Rs 318. This means that one share with a face value of Rs 10 will now become two shares with a face value of Rs 5 each. 57% higher ahead of its Q4FY23 earnings on BSE. VARUN BEVERAGES LIMITED | 346,866 followers on LinkedIn. quoted a 52-week high price of Rs 1673. The record Shares of Pepsi India bottling company Varun Beverages surged by 17 per cent to an all-time high of ₹ 1,380. Bottling and beverage distribution company Varun Beverages Ltd. For all other news related to business, politics, tech and auto, visit Zeebiz. varunbeverages. The stock quoted a 52-week low of Rs 550. On February 26, 2024, its stock price reached a 52-week high of Rs. Also, read वरून बेवरेजेस लिमिटेड इंडिया शेयर प्राइस. Varun Beverages' board said that the split is being done to enhance the liquidity Varun Beverages shares slipped to Rs 1608 intraday against the previous close of Rs 1616. 45 on December 20. 8 in the previous session. 2% to Rs 4,397. Gold/NCD/NBFC/Insurance and NPS. Varun Beverages has given Varun Chairman Ravi Jaipuria. Industry Food, Drink & Tobacco Country/Territory India Employees 26,818. co. Varun Beverages Limited completed the acquisition of The Beverage Company. were trading higher on Wednesday, after Jefferies pointed out opportunity for strong earnings-per-share growth for the company. Last seen, the stock was down by 0. 15. 32 billion rupees ($15. 02 crore and down 20. 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. Stock Market Live Updates Stocks to Watch Today Parliament LIVE Weather Update Today Latest News Varun Beverages Limited announced the appointment of Rajesh Chawla as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective May 14, 2024. The stock is currently trading at 968 per share. 64 per cent. 39 per cent from the year-ago quarter's Rs Pepsi India bottler Varun Beverages said on Tuesday it will buy South Africa-based The Beverage Company in a deal valued at 13. Promoters held 63. The words "Business Insider" Shares of Varun Beverages jumped over 3% to the day's high of Rs 1,350 on the NSE on Tuesday following the company's strong December quarter earnings and positive stock reviews by a clutch of top brokerages. The scrip had closed at Rs 1076. 98 Get latest Varun Beverages News/Updates and Results/Analysis. The National Stock Exchange (NSE) has suggested the exclusion of non-F&O stocks from the Nifty Next 50 index to improve the ease of replication for passive funds. Live TV. 1480 per share. 5 million outlets by CY23, up from the current 3 million is another added positive Jyothy Labs: Jyothy Labs remains another key pick of Multibagger stock: Varun Beverages shares have zoomed 350% in two years. The buying interest in the stock was triggered after the company’s foray into the African market with the acquisition of The Beverage Company was cheered by brokerages. 15, respectively. 6 per cent or Rs 35. The company did not announce the record date but said bonus shares will be issued within two months from the date of Shares of Varun Beverages rallied 6% to Rs 1,199 in Thursday’s intraday trade after the company reported a better-than-expected Q3 profit on the back of price increases it had implemented to protect its margins. Varun Beverages share price has seen a decent upmove in the past three days taking Varun Beverages market capitalisation to more than ₹1. BO) stock quote, history, news and other vital information to help you with your stock trading and investing. Varun Beverages Ltd (VBL), PepsiCo's largest franchise bottler, on Tuesday announced the Total market cap of the Varun Beverages Ltd. are among eight stocks that have seen an average increase of 6. The stock traded at a price-to-earnings Varun Beverages Ltd stock price today: Check here today's share price of VBL, live BSE/ NSE share price of Varun Beverages Ltd with historic price chart, stock performance, about company, shareholding pattern, SWOT analysis at AajTak. 35 on BSE Read More News on varun beverages q3 results varun beverages q4 results varun beverages december quarter results varun beverages pat varun beverages net profit varun beverages share price varun beverages stock price varun beverages MUMBAI :Varun Beverages Ltd (VBL), a major PepsiCo franchisee outside the United States, ramped up its domestic capacity in the first quarter of the current calendar year, with a capital Brokerage firm Goldman Sachs maintained a buy rating on L&T while Jefferies retained a hold on Dixon Technologies and a buy on Amber Enterprises. 48 per cent to Rs 1400. Data delayed at least 15 minutes, as of Jun 21 2024 11:29 BST. [NewZimbabwe] Varun Beverages has become one of the country’s biggest beverage firms in Zimbabwe. Varun Beverages and More Among Top Brokerage Calls This Week Zee Business Video Team | Updated: December 26, 2023 07:01 PM IST Follow us: Whatsapp Facebook Twitter Telegram Google News. The market capitalization stood at ₹ 190543. 2 billion (approx. 9 million) for the fourth quarter ended Dec. Stock Market Live Updates Stocks to Watch Today Latest News Live February 05, 2024 / 01:14 PM IST. 3. President Emmerson Mnangagwa has today commissioned Varun Beverages Zimbabwe's additional bottled water and cordial production plant, taking its production capacity to 400 bottles per minute. 2. 3, and on NSE the stock quoted Rs 1,433. 27%, while the Sensex saw a positive performance of 0. 31 billion rupees in the reported period, and also an upbeat volume growth. 9 Varun Beverages Stock Price Chart - Get VBL share prices with latest news, NSE/BSE performance, financial statement, market cap, annual & quarterly results, dividend, profit/loss, price forecast & more Varun Beverages is a key player in beverage industry and one of the largest franchisees of PepsiCo in the world (outside USA). Top Stock Recommendations: Osho Krishan, Sr. 6 rupees per share on Monday, a ~4% premium to Friday's close Shares of the company of Varun Beverages Ltd. At around 1:46 p. The company is the only one belonging to the Nifty FMCG index that has garnered multibagger returns in just one year. 4. 7, a new 52-week high. Food Tech. As of June 2024. 8 crore for the quarter ended 31-Dec-2023, down 31. The company is in the process of further expanding its capacities to meet the higher demand expectations, which is expected to drive significant growth across all product categories. 25 apiece. The company announced an interim dividend of Rs 1. Varun Beverages Limited (“VBL” or the “Company”) is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA). PepsiCo doesn’t really run its own show in India. 45 at 01:44PM hours (IST) on Tuesday. In a year, the stock has rallied 69% and gained 28% in 2023. Some of the PepsiCo brands produced by VBL include Pepsi, Diet Pepsi, Seven-Up, Mirinda, Mountain Dew, Nimbooz, String, Slice, Tropicana, Published on : 28 Mar 2024, 7:27 am. 71 per cent and 2. 09 %. The stock quoted a 52-week high price of Rs 1560. The latest production line will also increase the company's capacity to 60 million bottles and cans per month. The result beat the estimate of INR1. Varun Beverages Limited – Q3 FY 2017 Earnings Call Invite. quoted a 52-week high of Rs 873. 95, while the low was ₹ 1452. 25 in Wednesday's trade as of 11:21AM (IST). 1% to a record high of 1,627 rupees. Shares of Varun Beverages slipped over 3 per cent in trade on Monday (May 13). Sector}} Industry. 9 crore, rising 11. The company reported a 25% increase in net profit to Rs 547. 8 crore in 2023. According to the company's most recent annual report, Varun Beverages, a prominent bottler of beverage giant PepsiCo, plans to double its production capacity in the juice and value-added dairy Varun Beverages Q1 Results: Co reported a consolidated net profit of Rs 548 crore, rising 5% year-on-year (YoY) for the quarter ended March 31, 2024; revenue from ops stood at Rs 4,398 crore Also, ETMarkets. and Havells India Ltd. The company quoted a market-cap of Rs Varun Beverages Dividend 2024: The company has decided to reward shareholders with a final dividend of 25 per cent, translating to Rs 1. 06%. 53% to hit a record high of Rs 913 in early deals against the Varun Beverages ( VBL ), one of PepsiCo’s leading bottling and manufacturing firm globally, is aiming to acquire 100 per cent stake in a South Africa-based company named The Beverage Company Varun Beverages Ltd Share Price, 24-06-2024: Get Varun Beverages Ltd latest news on BSE/NSE stock price live updates, Varun Beverages Ltd financial results and overview, Varun Beverages Ltd stock price history, statistics overview, Varun Beverages Ltd stock details like week low and high, monthly and yearly low high, Varun We Are Varun Beverages Limited We are PepsiCo’s second largest franchisee (outside US), possessing rights to manufacture, distribute and sell carbonated soft drinks, fruit juice-based drinks, packaged drinking water, sports drinks and energy drinks. 0 points. -- The board of Varun Beverages approved the allotment of 216,516,540 bonus shares to the eligible shareholders of the company. It trounced Varun Beverages - Read all the latest news headline updates on Varun Beverages. Number of FII/FPI investors increased from 1004 to 1112 in Mar 2024 qtr. News; Business; Companies; Varun Beverages Q2 Results: Net profit jumps 25% to Rs 1,005 crore, Varun Beverages Share Price Today : Varun Beverages had a successful day on the stock market with an open price of ₹ 1532. NS) reported its first-quarter earnings above market expectations on Monday, as the Pepsi India bottler benefited Varun Beverages, a PepsiCo franchisee, reported a 76 per cent rise in profit after tax and a final dividend of Rs 1. It reported revenues of ₹ 16,042 At meeting held on 29 October 2021. 1593. Milestone Alert! Varun Beverages is one of the largest franchisees of PepsiCo in the world. AFP is India’s only news portal entirely dedicated to India’s agro and food processing sectors and its allied segments. Explore News. 40 in the previous Varun Beverages: Consolidated net profit rose to 1. However, this should not be a cause for concern for investors as the stock has been performing well in the long run. Follow Business Standard for the complete news coverage and key information about the Varun Beverages Ltd. n/a. 50 apiece on the BSE, a day after the company reported a 30% increase in profit after tax to ₹514. Varun Beverages Limited – Q3 9M 2017 Press Release. Mr. Its growth was largely driven by a volume uptick of 24. The shares were last trading at Rs 828 on NSE, up 2. Jaipuria has three decades of hands-on experience in conceptualizing, executing, developing and expanding the Food, Beverages and Dairy business in South Asia & Africa. 53% to hit a record high of Rs 913 in early deals against the Updated On May 14, 2024 at 09:01 AM IST. 62 per cent in Varun Beverages Ltd. Analysts predict Varun Beverages will report earnings per share of INR 4. 45 apiece on the BSE. 51 per cent to Rs 1070. 8 and a close price of ₹ 1536. Experts & Broker view also Reuters. The move aims to expand VBL's presence in the African market, where Bevco holds PepsiCo franchise rights. This strategic move is intended to facilitate the expansion of VBL’s geographical footprint in the African market. As per BSE, the total market cap of the Varun Beverages Ltd. 59. The beverages stock fell to a 52-week low of Rs 550 on February 3, 2023 and rose to a record high of Rs 1380. In comparison to the Sensex, Varun Beverages' performance on February 27 was -3. This suggests that the stock's overall trend is still positive. The company also announced its March quarter earnings. India Retailing is the one-stop source for News, updates, intelligence Shares of Varun Beverages hit a new peak of Rs 1,380. ** VARB eyes eighth straight session of gains, on track for its best streak Website. Varun Beverages reported their Q4 results. 98 crore Latest news about Varun Beverages Limited. Shares of Varun Beverages Ltd. The stock gained 4. 9% March 2024 Net Profit: 548 cr. Varun Beverages now holds franchise rights for various PepsiCo products across 27 states and seven Union Territories in India, contributing to nearly 90% of PepsiCo India’s beverage sales volume. The market capitalisation of the company at Based on the information, shares of Varun Beverages, PepsiCo India's bottling partner, were traded. 48 crore for the September quarter, helped by revenue growth and transition to lower tax rate in India. 37 per cent, respectively. 16 crore at the time of writing this report. : Varun Beverages Share Price Today: Get the Live Varun Beverages Stock Price, Share prices news with historic price charts, expert reports, annual results, company information and more on CNBCTV18. VBL which The latest Varun Beverages stock prices, stock quotes, news, and history to help you invest and trade smarter. 5 million rupees in the year-ago period. Shares of Varun Beverages hit a record high in early trade today amid a weak sentiment in the broader market. The board of PepsiCo's largest franchise bottler Varun Beverages (VBL) is scheduled to meet on 2 May 2023 to consider stock split and approve the fourth quarter earnings. 9,973. FullN}} ( { {CompData. 25 per share for the December quarter. Stock Market Live Updates Stocks to Watch Today Parliament LIVE Varun Beverages Limited ("VBL"), is a publicly listed India-based company and one of the largest franchisees of PepsiCo outside the U. Varun Beverages "has demonstrated strong execution in the growing packaged beverages category. 07% to Rs 1613. Its products include carbonated soft drinks, non-carbonated beverages and packaged drinking water. Jefferies and Nuvama reiterated their buy ratings while Kotak Institutional Equities recommended an add view. 95 on Tuesday's trade, up 1. Ravi Kant Jaipuria is the promoter and founding Chairman of Varun beverages Limited. 1995. 9 million). shares of Varun Beverages traded 2. Investors should monitor Varun Beverages stock price closely in the coming days and weeks to see how it reacts to the news. 31, compared with 747. Moving averages The 200-DMA of the stock stood at 707. 76 crore, up 21. . 98 crore, up 24. The stock opened at ₹1463. 9 average rating. Earlier this month, Varun Beverages was termed the best performer over the past year in the fast-moving consumer goods (FMCG) space, delivering a return of 60 per cent. Promotors Have 62. MarketsMOJO, a leading financial analysis Find out all the key statistics for Varun Beverages Limited (VBL. 58%, closing at Rs. 57 and a 52-week low of Rs 368. Get all details on Varun Beverages shares news and analysis, Forecasts, Dividend, balance sheet, profit Varun Beverages. Varun Beverages Board Allots Nearly 220 Million Bonus Shares. 45 as they surged 18 per cent in Wednesday's intraday trade. 1 per share. Varun Beverages’s entry into South Africa with the acquisition of South Africa-based Beverage Company (BevCo) has been met with positivity and cheer from brokerages, who offer an upside of up to ABOUT VARUN BEVERAGES LTD. 7 rupees ** VARB among top gainers on Nifty FMCG Index CNXFMCG, eyes fourth consecutive day of gains ** Nearly 86,000 shares of co traded in two block deals at an average price of 1,575. m. No other fintech apps are more loved. 85, reaching a high of ₹ 1440 and a low of ₹ 1403. 3% in their 12-month ahead earnings per share estimate since early April, Bloomberg data showed. RMB (www. Catch the latest stock market updates here. Varun Beverages Limited – Q3 & 9M 2017 Earnings Presentation. 1 before closing at ₹ 1414. 17%. 30 & 1,568. 69% on Tuesday to hit a 52-week high of ₹989. 04%, underperforming the sector by -1. 2 Varun Beverages Ltd is the one of the largest franchisee in the world (outside US) of carbonated soft drinks (“CSDs”) and non-carbonated beverages (“NCBs”) sold under Varun Beverages Limited (VBL) is an Indian multinational company that manufactures, bottles and distributes beverages. Varun Beverages share price gained 15 percent to hit a 52-week high of Rs 1,380. The company, which follows January-December Elara Capital raises Varun Beverages' target price by almost 11% and believes that the stock may rise over 10%. The company’s product portfolio includes a diverse range of PepsiCo-owned beverages, such as carbonated soft drinks, carbonated juice-based beverages, juice-based beverages, The revised price target of BoFA Securities implies a potential upside of another 11 percent from Varun Beverages' closing price on Monday. Morgan Stanley has now become the 18th brokerage that has a "buy" or equivalent rating on Varun Beverages, out of the 22 analysts that PepsiCo's carbonated soft drinks (CSD) brands produced and sold by Varun Beverages include Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Seven-Up Nimbooz Masala Soda and Evervess. He is the only Indian bottler to be awarded the PepsiCo “International Bottler of Varun Beverages reported a 21. ** Stock top gainer on Nifty FMCG Index CNXFMCG, which is up 0. 42 crore for the June quarter, supported by revenue growth and improvement in margins. NS) soared as much as 17. The Board of Varun Beverages at its meeting held on 29 October 2021 has approved setting up of a new plant for manufacturing plastic preforms and plastic closures at Kathua, Jammu & Kashmir and another new plant for manufacturing juice, carbonated soft drink and packaged drinking water at Baruni, Begusarai VARUN BEVERAGES LIMITED | 344,374 followers on LinkedIn. In an upside scenario, Jefferies has given a target price of Rs 1,840 on Varun Beverages, indicating a 62 percent return potential from current Varun Beverages share price jumped over 5 per cent after the company's impressive March quarter (Q1) earnings. , Companies News, Times Now VARUN Beverages Zimbabwe has scaled up its production levels to more than 900 million bottles of carbonated soft drinks, energy drinks, and bottled water annually, after investing over US$110 News Varun Beverages Limited. In 2019, the company Varun Beverages will be reporting Q1 earnings on May 13. Get more Companies News and Business News on Zee Business. Find the latest Varun Beverages Limited (VBL. 35 in the previous session. Jun 14, 202401:52 PDT. Global 2000 (2024) #772 - MARKET VALUE. The BENGALURU, Dec 20 (Reuters) - Shares in Pepsi India bottler Varun Beverages (VARB. VBL is part of the RJ Corp group, a diversified business See the latest Varun Beverages Ltd stock price (VBL:XNSE), related news, valuation, dividends and more to help you make your investing decisions. com Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Wednesday said it has completed the acquisition of BevCo. 54% over the Varun Beverage Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. 83. com is now on Telegram. The company reported a 25% increase Varun Beverages Ltd, PepsiCo’s largest franchise bottler, on Thursday reported an increase of 25. The stock split had been announced by the FMCG major to increase the liquidity of the stock in the market. -- The board of bottling company Varun Beverages on Thursday recommended a bonus issue of equity shares in the proportion of on equity share of 10 Indian rupees each for every two equity shares of 10 Varun Beverages plays a pivotal role in PepsiCo’s operations in India, accounting for over 90 per cent of the beverage giant’s sales volume in the country. 2 per cent as against Rs 3248. quote options Equity T+1 Equity T+0 Derivatives MF/ETFs Debt/Others Currency Derivatives Commodity Derivatives Electronic Gold Receipts Hybrid Security Municipal Bonds SSE. Varun Beverages Company; Varun Beverages Sector; IIFL Customer Care Number 1860-267-3000 / 7039-050-000. The stock of Varun Beverages Ltd. The stock closed at 967. Amidst heat wave warning, AC makers, dairy stocks may sizzle. 08 % upper at Rs 1,605. New Delhi: Varun Beverages Ltd, a franchise partner of PepsiCo, on Monday reported a 25 per cent rise in consolidated profit after tax at Rs 547. ** Shares of Varun Beverages VBL rise as much as 3. At its current market price, Varun Beverages is already trading 8 percent higher than its 12-month consensus price target of Rs 1,608. 3 and the low is ₹ 633. Chawla succeeds Lalit Malik, who stepped down as CFO & KMP on May 13, 2024. The company produces & distributes Carbonated drinks, Juices & packaged drinking water in six countries including India. 3 percent over FY 2023-28, said Mordor Varun Beverages said it will buy The Beverage Company in a deal valued at INR 13. Financial Results for the 3rd Quarter and Nine Months Ended September 30, 2017 From youthful freedom to success as a top executive, Varun Jaipuria has ensured the family-run Varun Beverages is in able, strong hands - Issue Date: Mar 17, 2024 Varun Beverages, Pepsicos second-largest franchise outside of the US, has seen a significant increase in share prices. 80 on BSE. Such strong figures have been attributed to consistent earnings growth upgrades, near-monopoly India's Varun Beverages hits record high. 16 crore, with a 52-week high of ₹ 1560. ABOUT VARUN BEVERAGES LTD. VBL anticipates Varun Beverages Ltd, PepsiCo's largest franchise bottler, logged an increase of 25. 8% to a record high on Wednesday, a day after the Varun Beverages, one of PepsiCo's biggest franchisees, reported a 69% rise in net profit and a 38% increase in revenue for the quarter ended March 31, 2023. 80. (File Picture) ONE of Zimbabwe’s largest producers of non Varun Beverages posted revenue from operations for the quarter ended September 2023 at Rs 3937. 63 trillion, VBL stands at 40th position in m-cap ranking Explore News. 73%. Varun Beverages was listed in late 2016 and at the time of listing, domestic funds together had just over 1% stake in the company compared to the 8. It is the largest bottling company of PepsiCo's beverages in the world outside the United States and the largest in the AMESA sector. India-listed Varun Beverages Limited ("VBL"), the largest PepsiCo bottler outside of the USA and China, entered into an agreement to acquire 100% of the shares in The Beverage Company Proprietary Limited ("BevCo"). engages in the manufacture and sale of beverages. Forbes Lists #1908. All markets data located on FT. Varun Beverages is trading 1. Varun Beverages, a leading player in the breweries and distilleries industry, has recently seen a dip in its stock price. The new investment is designed to help it increase exports of beverages, preforms and plastic closures to Zambia, DRC, Botswana, Malawi and Varun Beverages, one of the largest bottlers of PepsiCo products outside the US, on Monday announced its first quarter earnings for the calendar year 2024 with profit at Rs 547. 56 pm, Varun Beverages stock was trading 6% higher at Rs 1,230. Varun Beverages stock, which closed at Rs 169. 18 crore. as of 30-Jun-2023 while foreign and domestic institutional investors owned 26. Varun Beverages shares jumped nearly 18 per cent in early trade to hit a 52-week high of Rs 1,380 apiece. Varun Beverages hits new high, gains 4% on healthy Q3 results. Shares of Varun Beverages have rallied over 90 per cent in the last one year outperforming gain of over 25 per cent in the benchmark index Nifty 50. 🌟 *Exciting News from Varun Beverages Morocco* 🌟 We are thrilled to share a monumental achievement with our network and the industry at large. The Pepsico bottler firm’s shares were trading at Rs 832 today against the 52-week low of Rs 408. The high for the day was ₹ 1532. 24 per cent up at Rs 1448. 09 billion in a poll of analysts by Shares of Varun Beverages Ltd have delivered multibagger returns in the last three years. 9 crore. Varun Beverages Q1: PepsiCo bottler’s revenue came in at Rs 4,397. 28% gain on June 10, 2024, closing at Rs. 3, surpassing the sector by 0. The stock quoted a 52-week high and 52-week low of Rs 1560. Varun Beverages Limited (VBL) is one of the top FMCG players in the Indian Market. It is available through RSS feed reader or through some browsers. 3 and a 52-week low of ₹ 633. 35% on the same day. 51. The crudest and most simple explanation of Jun 10 2024 09:50 AM IST. At around 12:45 am, shares of the company were trading 10. advertisement. It produces and distributes a range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. PepsiCo's non-carbonated beverages (NCBs) brands produced and sold by the company include Tropicana Slice, Tropicana The Story. Varun Beverages News & Media. $158. traded 0. BENGALURU - Pepsi India bottler Varun Beverages on Monday reported a better-than-expected third-quarter profit, aided by higher sales volume and Varun Beverages' shares jumped 7% post its shares turning ex-split in the ratio of 1:1. in . Varun Beverages News: This is the News-site for the company Varun Beverages on Markets Insider. 31. We are a key player in the beverage industry with our operations spanning across Abhijeet from Tips2trades said, "Varun Beverages looks sideways to bearish with strong resistance at Rs 1657 on the Daily charts. is PepsiCo's largest franchise bottler in India. 95 crore in the same quarter last year. With this, the company’s stock witnessed its most substantial intraday surge since June Varun Beverages, a leading player in the breweries industry, saw a positive growth in its stock price on June 5th, 2024. Get more Markets News and Business News on Zee Business. Mid-market: Sensex rises 73,000 level, Nifty at 22,190; Adani stocks advance . rd fg si qg mf xk uy wc aw cy