Business Standard

Varun Beverages

Stocks to Watch, Dec 12: Jubilant FoodWorks, SBI, Vedanta, Swiggy, Emami

Stocks to Watch, Dec 12: From Swiggy to Jubilant Foodworks, here are some stocks that will be on investors radar today

Stocks to Watch, Dec 12: Jubilant FoodWorks, SBI, Vedanta, Swiggy, Emami
Updated On : 12 Dec 2024 | 7:48 AM IST

After QSR, Bhartias and Jaipurias to battle it out in soft drink space

The Bhartias and the Jaipurias are already competing in the quick-service restaurant (QSR) space as both have known global brands in their portfolios

After QSR, Bhartias and Jaipurias to battle it out in soft drink space
Updated On : 11 Dec 2024 | 11:57 PM IST

Varun Beverages' growth strategy could prove beneficial for investors

The VBL board approved the acquisition of SBC Tanzania for Rs 1,304 crore and SBC Beverages Ghana for Rs 127 crore

Varun Beverages' growth strategy could prove beneficial for investors
Updated On : 11 Dec 2024 | 11:22 PM IST

Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 crore

Varun Beverages, which follows a January-December financial year, in 2023, reported net revenues at Rs 16,042.58 crore, up 21.8 per cent

Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 crore
Updated On : 14 Nov 2024 | 1:04 PM IST

Varun Beverages Q3 result: Profit rises 24% to Rs 620 cr on healthy demand

During the three months ending Sept. 30, its India volume growth came in at 5.7 per cent

Varun Beverages Q3 result: Profit rises 24% to Rs 620 cr on healthy demand
Updated On : 22 Oct 2024 | 11:25 PM IST

Varun Beverages share rises 3% as board approves QIP of Rs 7,500 crore

Varun Beverages share price gained after the company said that its board has approved raising of funds up to Rs 7,500 crore through Qualified Institutions Placement (QIP).

Varun Beverages share rises 3% as board approves QIP of Rs 7,500 crore
Updated On : 09 Oct 2024 | 1:10 PM IST

Varun Beverages rallies 6%, nears record high; trades ex-date for 2:5 split

The rationale behind the split is to enhance liquidity of the company's equity shares and to encourage participation of small investors by making equity shares of the company more attractive to invest

Varun Beverages rallies 6%, nears record high; trades ex-date for 2:5 split
Updated On : 12 Sep 2024 | 10:18 AM IST

Varun Beverages shares rise over 4% ahead of stock split record date

The Board of directors fixed Thursday, September 12, 2024, as the 'Record Date' for sub-division / split of existing equity shares of the company

Varun Beverages shares rise over 4% ahead of stock split record date
Updated On : 11 Sep 2024 | 12:57 PM IST

Strong volume growth and rich valuations for Varun Beverages' stock

Revenue grew 29 per cent Y-o-Y to Rs 7,330 crore which was below expectations. Volume grew to 402 million cases, up 28 per cent

Strong volume growth and rich valuations for Varun Beverages' stock
Updated On : 31 Jul 2024 | 10:24 PM IST

Varun Beverages Q2 results: Net profit rises 26% to Rs 1,253 crore

The company, which follows the January-December financial year, had reported a net profit of Rs 994 crore in the year-ago period

Varun Beverages Q2 results: Net profit rises 26% to Rs 1,253 crore
Updated On : 30 Jul 2024 | 7:27 PM IST

VBL sees profit booking after Q2CY24 results meet estimates; stock down 6%

The fall in the stock price came after investors jumped to book profit after stellar numbers in the second quarter and half year ended June 30, 2024 (H1CY24), which met street estimates.

VBL sees profit booking after Q2CY24 results meet estimates; stock down 6%
Updated On : 30 Jul 2024 | 12:51 PM IST

PepsiCo India's profit at Rs 200 cr during Apr-Dec, revenue at Rs 5,794 cr

The food and beverage giant in India changed its financial year to January-December from April-March to align with its parent company

PepsiCo India's profit at Rs 200 cr during Apr-Dec, revenue at Rs 5,794 cr
Updated On : 27 Jul 2024 | 2:27 PM IST

Bajaj Auto, Asian Paints, VBL: Top picks by Jigar S Patel of Anand Rathi

From a technical analysis perspective, the Daily RSI has reversed from 50 levels, further signalling a positive outlook for Bajaj Auto stock.

Bajaj Auto, Asian Paints, VBL: Top picks by Jigar S Patel of Anand Rathi
Updated On : 16 Jul 2024 | 7:58 AM IST

Varun Beverages to set up production units for PepsiCo in Zimbabwe, Zambia

Varun Beverages Ltd, a franchise partner of PepsiCo, on Monday said its two subsidiaries plan to enter into an agreement with the multinational food and beverages major to manufacture, distribute and sell the snacks brand 'Simba Munchiez' in Zimbabwe and Zambia. The company plans to set up manufacturing units in Zimbabwe and Zambia entailing an investment of USD 7 million (around Rs 60 crore), according to a regulatory filing by Varun Beverages Ltd (VBL). Through its subsidiaries - VFZ Varun Foods (Zimbabwe) Pvt Ltd (VFZ) and Varun Beverages (Zambia) Ltd (VBZ), VBL has discussed with PepsiCo to further strengthen and expand the latter's footprint in the snacks portfolio. It has discussed with PepsiCo to enter into an exclusive snacks franchising appointment with Premier Nutrition Trading LLC, Dubai (a PepsiCo Inc. subsidiary) to manufacture, distribute and sell 'Simba Munchiez' in the territory of Zimbabwe and Zambia, the filing added. "As per the understanding, an estimated ...

Varun Beverages to set up production units for PepsiCo in Zimbabwe, Zambia
Updated On : 15 Jul 2024 | 5:15 PM IST

India a big, long-term growth market, says beverage major PepsiCo

Beverage major sees double-digit growth in convenient foods, beverages in Q2 in India

India a big, long-term growth market, says beverage major PepsiCo
Updated On : 11 Jul 2024 | 11:18 PM IST

VBL, MRPL among top picks of Anand Rathi for July 04; check key levels here

On an hourly scale, MRPL has been showing a consolidation pattern above the 21, 50, 100, and 200-period Exponential Moving Averages (EMA)

VBL, MRPL among top picks of Anand Rathi for July 04; check key levels here
Updated On : 04 Jul 2024 | 6:45 AM IST

Blistering summer helps Varun Bev, Havells, Voltas, others improve earnings

Heat waves are accelerating the penetration of many cooling products like air conditioners and refrigerators, an industry expert said

Blistering summer helps Varun Bev, Havells, Voltas, others improve earnings
Updated On : 27 May 2024 | 7:46 AM IST

Varun Beverages Q4 results: Net profit rises 25.2% to Rs 537.3 crore

PepsiCo's bottling partner focused on reducing sugar content in beverages

Varun Beverages Q4 results: Net profit rises 25.2% to Rs 537.3 crore
Updated On : 13 May 2024 | 8:30 PM IST

Varun Beverages Q1 results: Revenue up 11.3%, net profit at Rs 537 cr

Consolidated revenue from operations in the first quarter stood at Rs 4,397.98 crore as against Rs 3,952.59 crore in the year-ago period, it added

Varun Beverages Q1 results: Revenue up 11.3%, net profit at Rs 537 cr
Updated On : 13 May 2024 | 1:43 PM IST

RJ Corp succession: Jaipuria's son gets food, daughter education and health

Both the RJ Corp companies, Varun Beverages (VBL) and Devyani International (DIL), are named after the founder Ravi Jaipuria children and are listed companies

RJ Corp succession: Jaipuria's son gets food, daughter education and health
Updated On : 23 Apr 2024 | 10:34 AM IST