Varun Beverages shares 1.84 per cent in Tuesday's trading session

Varun Beverages shares 1.84 per cent in Tuesday’s trading session

Byaea2ede5_admin

Shares of Varun Beverages Ltd. 1.84 per cent to Rs 564.10 in Tuesday’s trade as of 02:04PM (IST) even as the benchmark Nifty ruled at 23154.05, 68.1 points.

The scrip had closed at Rs 574.70 in the previous session. The stock quoted a 52-week low of Rs 478.48 and a high of Rs 682.84. The company quoted a market-cap of Rs 190311.38 crore on the BSE.


On BSE, 78,440 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 74.88 times its trailing 12-month EPS of Rs 7.52 per share and 23.16 times its book value. The return on equity (ROE) stood at Rs 29.64.

Key Financials

For the quarter ended 30-Sep-2024, Varun Beverages Ltd. reported consolidated sales of Rs 4828.9330 crore, 24.17 per cent from the same quarter a year ago. The company reported 23.66 per cent YoY in net at Rs 619.61 crore for the latest quarter.
Growfast
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. 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. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.


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