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Varun Beverages Ltd extends losses

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Capital Market
Last Updated : Oct 09 2020 | 2:04 PM IST

Varun Beverages Ltd is quoting at Rs 663.45, down 1.89% on the day as on 13:29 IST on the NSE. The stock rose for a third straight session today in last one year as compared to a 5.82% up 0.68%. in NIFTY and a 0.8% up 51.82% in the Nifty FMCG index.

Varun Beverages Ltd dropped for a fifth straight session today. The stock is quoting at Rs 663.45, down 1.89% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 11888.75. The Sensex is at 40454.86, up 0.68%.Varun Beverages Ltd has eased around 8.88% in last one month.Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has eased around 2.84% in last one month and is currently quoting at 30136.05, down 0.77% on the day. The volume in the stock stood at 1.62 lakh shares today, compared to the daily average of 2.22 lakh shares in last one month.

The PE of the stock is 72.61 based on TTM earnings ending June 20.

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First Published: Oct 09 2020 | 1:35 PM IST

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