Varun Beverages shares rise 2.57% as Sensex climbs

Shares of the Varun Beverages Ltd. traded at Rs 1462.3 on BSE at 01:18PM (IST) on Monday, up 2.57 per cent from previous close.

The stock quoted a 52-week low price of Rs 754.35 and a high of Rs 1560.3.

Earlier, the stock saw a gap up opening in the morning.

A total of 45,030 lakh shares changed hands on the counter till 01:18PM (IST).

The stock of Varun Beverages Ltd. commands a market value of Rs 193208.34 crore.

The stock traded at a price-to-earning (P/E) multiple of 89.28, while the price-to-book value ratio stood at 23.16. Return on equity (ROE) was at 29.64 per cent, according to exchange data.

In the BSE500 pack, 423 stocks traded in the green, while 78 stocks were in the red.

Promotor Holding
Promoters held 62.91 per cent in the Varun Beverages Ltd. as of 31-Mar-2024 while foreign and domestic institutional investors owned 25.79 per cent and 4.16 per cent, respectively.