Varun Beverages Limited (VBL.NS)
| Previous close | 1,516.80 |
| Open | 1,525.00 |
| Bid | 0.00 x 0 |
| Ask | 1,506.70 x 0 |
| Day's range | 1,503.00 - 1,527.45 |
| 52-week range | 725.75 - 1,561.95 |
| Volume | |
| Avg. volume | 2,080,600 |
| Market cap | 1.958T |
| Beta (5Y monthly) | 0.56 |
| PE ratio (TTM) | 95.24 |
| EPS (TTM) | 15.82 |
| Earnings date | 13 May 2024 |
| Forward dividend & yield | 2.50 (0.17%) |
| Ex-dividend date | 04 Apr 2024 |
| 1y target est | 1,400.95 |
Simply Wall St.3 High Insider Ownership Stocks With Minimum 20% Earnings Growth
The Indian market has shown robust performance, gaining 1.8% recently and an impressive 46% over the past 12 months, with earnings expected to grow by 18% annually. In this thriving environment, stocks with high insider ownership and strong earnings growth can be particularly compelling, as they often signal confidence from those who know the company best.
- Reuters
Pepsi India bottler Varun Beverages' Q4 profit surges 77% on upbeat demand
Pepsi India bottler Varun Beverages reported a nearly 77% surge in its quarterly profit on Monday, as it saw double-digit volume growth across domestic and international markets even as higher costs of essentials weighed on consumers. Varun Beverages said in its investor presentation that it saw a 21% surge in its revenue from operations at 27.31 billion rupees in the reported period, and also an upbeat volume growth. Additionally, Varun Beverages approved a final dividend of 1.25 rupees per share for the financial year ended Dec. 31.
- Reuters
UPDATE 1-India's Varun Beverages to enter S. Africa with $159 mln deal
Pepsi India bottler Varun Beverages said on Tuesday it will buy South Africa-based The Beverage Company in a deal valued at 13.2 billion rupees ($158.71 million), enabling it an entry into Africa's largest market. The Beverage Company bottles and distributes PepsiCo-branded non-alcoholic beverages in South Africa and has five manufacturing facilities in the country, in addition to operations in Lesotho, Eswatini, Namibia, and Botswana. Varun Beverages, one of PepsiCo's largest franchisees outside the United States, has the provision to accept minority co-investment from a "large equity fund", it said in a filing.
