ThinkStock PhotosThe scrip had closed at Rs 1690.65 in the previous session. The stock quoted a 52-week low of Rs 696.93 and a high of Rs 1747.15. The company quoted a market-cap of Rs 108287.82 crore on the BSE.
On BSE, 7,012 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 64.75 times its trailing 12-month EPS of Rs 25.75 per share and 16.84 times its book value. The return on equity (ROE) stood at Rs 29.34.
Key Financials
For the quarter ended 31-Mar-2023, Varun Beverages Ltd. reported consolidated sales of Rs 3903.11 crore, up 37.63 per cent from the same quarter a year ago. The company reported 68.79 per cent YoY growth in net profit at Rs 429.07 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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