Varun Beverages shares gain 0.47% as Sensex rises
A total of 20,430 shares changed hands on the counter till 11:36AM (IST)
Shares of . traded 0.47 per cent up at Rs 1389.0 at 11:36AM (IST) on Thursday, even as benchmark gained 761.26 points to 73757.57. The scrip had closed at Rs 1382.4 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 1560.3 and Rs 667.82, respectively.
As per BSE data, total traded volume on the counter till 11:36AM (IST) stood at 11:36AM shares with turnover at Rs 2.82 crore.
At the current price, shares of the company trades at 87.28 times its trailing 12-month earnings per share of Rs 15.82 per share and 23.16 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.34.
Shareholding Details
Promoters held 63.09 per cent stake in the company as of 31-Dec-2023, while FIIs owned 26.58 per cent and DIIs 3.58 per cent.
Source: Stocks-Markets-Economic Times
