Bullish Moving Averages
8
Bearish Moving Averages
8
Back Stocks profile
Open Price
592.00Prev. Close
609.3000Volume
4487181.00Value
2717212454.55Market Cap
196726.60
Price to Earnings
77.40
Price to Book Value
27.80
Dividend Yield
0.20
PE to Growth
2.90
Op Revenue TTM
18986.55
Net Profit TTM
2541.46
Cash From Operating Activity
2390.78
Return on Equity %
29.64
EMA & SMA
Bullish Moving Averages
8
Bearish Moving Averages
8
DELIVERY AND VOLUME
30 Oct, 2024
Week
Month
LEGEND
Positive Indicator
Neutral Indicator
Negative Indicator
RESISTANCE AND SUPPORT
PIVOT
First Resistance
616.67
Second Resistance
627.78
Third Resistance
640.12
First Support
593.22
Second Support
580.88
Third Support
569.77
Relative Strength Index
50.11
Money Flow Index
59.68
MACD
-1.06
MACD Signal
-3.49
Average True Range
23.98
Average Directional Index
26.75
Rate of Change (21)
-0.12
Rate of Change (125)
-0.19
Day Commodity Channel Index
57.9
William
-39.77
BETA
1 Month
1.91
3 Month
1.06
1 Year
0.75
3 Year
0.23
PRICE CHANGE ANALYSIS
1 Week
Low
High
589.4
631.2
1 Month
Low
High
536.85
631.2
3 Months
Low
High
536.85
679.92
6 Months
Low
High
528.02
681.12
1 Year
Low
High
361.32
681.12
Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Investors & Analysts Conference Call.Stock to buy today: Varun Beverages (628.80): BUY
Varun Beverages share price can rise to 655Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that the Company will participate in investor meetings with selected Investors on 28th October 2024, 29th October 2024 and 30th October 2024 as per the details attached.Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, link of audio recording of Investors & Analysts Conference Call held on October 22, 2024 (post declaration of Unaudited Financial Results of the Company for the Quarter and Nine Months ended September 30, 2024) is given in the enclosed intimation.Varun Beverages Results Earnings Call for Q3CY24
Conference Call with Varun Beverages Management and Analysts on Q3CY24 Performance and Outlook. Listen to the full earnings transcript.Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Share Allotment Committee today approved the allotment of 48,000 Equity Shares of face value of Rs. 2 each upon exercise of stock options vested under the Employees Stock Option Scheme 2016.Varun Beverages Q3 result: Profit rises 24% to Rs 620 cr on healthy demand
During the three months ending Sept. 30, its India volume growth came in at 5.7 per centQ3CY24 Quarterly Result Announced for Varun Beverages Ltd.
Non-alcoholic Beverages company Varun Beverages announced Q3CY24 results Financial Highlights: Sales Volumes / Net Revenues Consolidated sales volume grew by 21.9% to 267.5 million cases in Q3CY24 from 219.5 million cases in Q3CY23. This includes ~34 million cases from BevCo and DRC during the current quarter. Heavy rains through out the quarter led to India volumes growing in mid single digits i.e. 5.7% and International volumes grew by 7.9% organically. Net Revenue from operations grew by 24.1% YoY in Q3CY24 to Rs 48,046.8 million from Rs 38,705.2 million in Q3CY23 inline with the volume growth. Net realization per case increased by 1.9% to Rs 179.6 in Q3CY24. CSD constituted 75%, JBD 4% and Packaged Drinking Water 21% in Q3CY24 at a consolidated level. Non-carbonated beverage portfolio (juice based drinks, value added dairy beverages, sports drinks) in India has grown by 23.9% in 9M CY24 YoY. Mix on consolidated level has come down post consolidation of SA & DRC markets which have primarily CSD in sales mix. Gross Margins / EBITDA Gross margins increased by 22 bps to 55.5% in Q3CY24, compared to 55.3% in Q3CY23. ~ 49% of our consolidated sales volumes come from Low sugar / No sugar products in 9M CY24. EBITDA increased by 30.5% to Rs 11,511.2 mn and EBITDA margin improved by 117 bps to 24.0% in Q3CY24, driven by operational efficiencies. PAT PAT increased by 22.3% to Rs 6,288.3 mn in Q3CY24 from Rs 5,140.6 mn in Q3CY23 driven by volume growth & improved margins. Depreciation increased by 50.2% in Q3CY24 on account of acquisition of BevCo and setting-up of new production facilities in India & DRC. Finance cost increased by 89.7% in Q3CY24 primarily due to new production facilities, acquisition of BevCo as well as increased cost of borrowing. Ravi Jaipuria, Chairman – Varun Beverages said: “We are pleased to report another strong quarter, despite the challenges posed by excessive rainfall in India. We achieved consolidated revenue growth of 24.1%, including contributions from BevCo, driven by our expanded distribution network, increased product penetration, and favorable demand trends in key markets. Enhanced operating efficiencies led to an improvement of 117 bps in our EBITDA margins, resulting in a robust 30.5% growth in EBITDA, and a healthy 22.3% growth in PAT for the quarter. On the operational front, we are excited to share the successful commissioning of our greenfield facility in the Democratic Republic of Congo (DRC). In response to strong demand and our limited presence in the region, we have swiftly ramped up the facility to 100% utilization on three shift basis. This performance has encouraged us to move forward with expansion plans including backward integration and a second facility, expected to commence operations in the next calendar year. Furthermore, we are making significant progress on new facilities across India, which are on track to be commissioned before the key season next year. These developments reflect our commitment to capturing high-growth opportunities and enhancing both our domestic and global footprint. As part of our commitment to long-term growth, the Board of Directors has approved a proposal to raise funds through the issuance of equity shares, with an aggregate amount not exceeding Rs 7,500 crore via QIP, subject to shareholders' approval. This capital will be instrumental in supporting our growth plans, including expansion into new territories, potential strategic acquisitions, and further strengthening of our balance sheet. Overall, our focus remains on sustaining healthy growth in both Indian and international markets. The Indian market, with its growing consumption class and evolving consumer preferences, continues to offer immense opportunities. Meanwhile, our global operations, particularly in Africa, are positioned to drive further growth as we capitalize on emerging demand trends and enhance our operational capabilities. Our proven execution capabilities have been instrumental in delivering exceptional value to all stakeholders, and we remain committed to sustaining this momentum well into the future.” Result PDFVarun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press ReleaseVarun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation on Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Nine Months ended September 30, 2024.The latest market price of Varun Beverages Ltd. on NSE was Rs. 605.55 as of today.
The opening share price of Varun Beverages Ltd. was Rs. 592.00 as of today.
The 52-week high share price of Varun Beverages Ltd. was Rs. 681.10.
The 52 week low share price of Varun Beverages Ltd. was Rs. 361.30.
The PE ratio of Varun Beverages Ltd. is 2.90. Please refer to the Fundamentals section for further details.
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The latest dividend declared by Varun Beverages Ltd. was on 2024-08-09 for Rs. 1.25 per share. According to today’s share price, the dividend yield of Varun Beverages Ltd. stands at 0.20. Please refer to the Corporate Actions section for further details.
The latest bonus issue declared by Varun Beverages Ltd. was as of 2022-06-06. The bonus ratio declared in this issue was 1:2. Please refer to the Corporate Actions section for further details.
The latest split issue declared by Varun Beverages Ltd. was as of 2023-06-15. The split ratio declared in this issue was 10:5. Please refer to the Corporate Actions section for further details.
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Please refer to the News section for the latest news about Varun Beverages Ltd..