The counter has had a total traded volume of 29207 shares so far with a value of Rs 254.0 crore on the NSE. It traded at a price-to-earnings multiple of 60.65 and a price-to-book ratio of 16.84.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 70.55 per cent during the past one year, while the 30-share index advanced 8.95 per cent during the same period.
Varun Beverages Ltd. belongs to the FMCG Food & Beverages industry.
Promotor/FII Holding
Promoters held 63.62 per cent stake in the company as of 30-Jun-2023, while overseas investors and domestic institutional investors ownership stood at 26.71 per cent and 2.37 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 5653.0 crore for the quarter ended 30-Jun-2023, up 44.83 per cent from the previous quarter’s Rs 3903.11 crore and up 13.85 per cent from the year-ago quarter’s Rs 4965.29 crore.
Profit for the latest quarter stood at Rs 993.81 crore, up 26.21 per cent from the same quarter a year ago.
