Varun Beverages share price up 0.49 per cent
A total of 43,814 shares changed hands on the counter till 12:47PM (IST).
Shares of . traded 0.49 per cent up at Rs 1500.45 at around 12:47PM (IST) on Thursday. The stock had closed at Rs 1493.0 in the previous session. Equity benchmark traded 366.74 points higher at 74748.98 around the same time. The scrip has climbed 77.91 per cent in the last one year till date, while the 30-share index has gained 19.36 per cent during the same period.
The stock's 52-week high price stood at Rs 1560.3 and the 52-week low price at Rs 754.35.
Trading volume on the counter stood at 43,814 shares, while it quoted a price-to-earnings ratio of 90.1, an EPS value of 16.65 and a price-to-book value of 23.16. In the Nifty50 pack, 34 stocks traded in the green, while 16 stocks were in the red.
Promoter/FII Holding
Promoters held 62.91 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 25.79 per cent and 2.26 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 4406.33 crore, up 64.61 per cent from the previous quarter's Rs 2676.8 crore and up 12.89 per cent from the year-ago quarter's Rs 3903.11 crore. The company reported net profit of Rs 537.27 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. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 1560.3 and the 52-week low price at Rs 754.35.
Trading volume on the counter stood at 43,814 shares, while it quoted a price-to-earnings ratio of 90.1, an EPS value of 16.65 and a price-to-book value of 23.16. In the Nifty50 pack, 34 stocks traded in the green, while 16 stocks were in the red.
Promoter/FII Holding
Promoters held 62.91 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 25.79 per cent and 2.26 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 4406.33 crore, up 64.61 per cent from the previous quarter's Rs 2676.8 crore and up 12.89 per cent from the year-ago quarter's Rs 3903.11 crore. The company reported net profit of Rs 537.27 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. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
