Varun Beverages is currently trading at Rs. 1300.00, up by 128.00 points or 10.92% from its previous closing of Rs. 1172.00 on the BSE.
The scrip opened at Rs. 1350.00 and has touched a high and low of Rs. 1380.45 and Rs. 1282.40 respectively. So far 492385 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1380.45 on 20-Dec-2023 and a 52 week low of Rs. 550.00 on 03-Feb-2023.
Last one week high and low of the scrip stood at Rs. 1380.45 and Rs. 1072.70 respectively. The current market cap of the company is Rs. 169209.76 crore.
The promoters holding in the company stood at 63.10%, while Institutions and Non-Institutions held 30.91% and 6.00% respectively.
Varun Beverages has signed a Memorandum of Understanding (MoU) with Government of Jharkhand on December 18, 2023 for its proposed manufacturing plant in Patratu, Jharkand with a total capital outlay of around Rs 450 crore (subject to necessary approvals) when fully commissioned in due course.
Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.
