Reliance Mutual Fund - Growth Fund has bought 11,50,149 shares of Varun Beverages at Rs 700 and Reliance Mutual Fund - Top 200 Fund has bought 10,00,000 shares of the company at Rs 700.
However, Aion Investments II Singapore - FDI has sold 40,00,000 shares of the company at Rs 700.26 per share on the NSE on January 23, 2018.
Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).