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Varun Beverages Ltd sees good buying

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Capital Market

Varun Beverages Ltd is quoting at Rs 940.05, up 3.56% on the day as on 12:54 IST on the NSE. The stock is up 89.38% in last one year as compared to a 53.01% spurt in NIFTY and a 29.71% spurt in the Nifty FMCG index.

Varun Beverages Ltd gained for a third straight session today. The stock is quoting at Rs 940.05, up 3.56% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 17374.2. The Sensex is at 58311.65, up 0.31%. Varun Beverages Ltd has risen around 22.89% in last one month.

 

Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has risen around 9.6% in last one month and is currently quoting at 40226.25, down 0.03% on the day. The volume in the stock stood at 9.18 lakh shares today, compared to the daily average of 6.49 lakh shares in last one month.

The PE of the stock is 100.61 based on TTM earnings ending June 21.

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First Published: Sep 06 2021 | 1:05 PM IST

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