Varun Beverages Limited (VBL.NS)
| Previous Close | 1,441.95 |
| Open | 1,437.80 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 1,423.05 - 1,470.00 |
| 52 Week Range | 700.00 - 1,561.95 |
| Volume | |
| Avg. Volume | 2,114,888 |
| Market Cap | 1.897T |
| Beta (5Y Monthly) | 0.56 |
| PE Ratio (TTM) | 92.62 |
| EPS (TTM) | 15.76 |
| Earnings Date | May 02, 2024 - May 09, 2024 |
| Forward Dividend & Yield | 2.50 (0.17%) |
| Ex-Dividend Date | Apr 04, 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. Consolidated net profit rose to 1.32 billion rupees ($15.9 million) for the fourth quarter ended Dec. 31, compared with 747.5 million rupees in the year-ago period. The Gurugram-based company, with operations across six countries, is one of PepsiCo's largest franchisee outside the United States, and packages and distributes beverages under Pepsi, Mirinda and Tropicana labels.
- 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.
