Page 5 - Varun Beverages

Market share gains to support volume growth for Varun Beverages

Amid restrictions, the company is banking on higher in-home consumption, new launches to drive sales

Improved earnings visibility, debt pruning boost shares of Varun Beverages

Volume recovery, expansion in new geographies and debt reduction are key positives

Varun Beverages narrows loss to Rs 7 cr in December quarter; shares skid 4%

Ebitda increased by 48.8 per cent to Rs 172.23 crore from Rs 115.74 crore reported in Q4CY20. Ebitda margins, too, improved by 346 bps in Q42020

Volume recovery to support Varun Beverages, stock outperforms

Bunching up of festive season in Q4CY20, resumption of public transport aiding on-the-go consumption, continuing in-home consumption trend bode well for the firm going forward

Varun Beverages: Good recovery, better margin outlook augur well for stock

Though out-of-home consumption is still under pressure due to the coronavirus pandemic, rising in-house consumption of carbonated soft drinks (CSD) is partly reducing the pressure on overall volumes

Despite near-term pressure, investors find flavour in Varun Beverages

Besides good business recovery, improved margin outlook boost investor sentiment

Varun Beverages Q2 profit plunges 65% to Rs 143 crore due to lockdown

The company, which follows calendar year as its financial year, had posted a net profit of Rs 405 crore in Q2 FY19

Top trading ideas by CapitalVia Global Research: Buy SBI, Varun Beverages

SBI's stock has formed a bullish flag pattern

From Nestle India to Maruti Suzuki, impact of Covid-19 on earning estimates

Given the huge hit from lockdown, it is not surprising that 44 of the 80 companies have seen sharp cuts ranging 10% to 72%

Varun Beverages extends fall, slips 7% on weak volume growth in March qtr

Organic volumes for the company got severely impacted in the last 10 days of March due to the spread of Covid-19 and the subsequent lockdown restrictions, the company said.

From airlines to automobiles, businesses see washout in April amid lockdown

According to the Indian Cellular and Electronics Association of India, the loss in revenues for mobile device manufacturers during the lockdown has been Rs 20,000 crore

PepsiCo India's third food manufacturing plant gets nod to re-start work

Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources

Varun Beverages: Wait for clarity on lockdown, demand before investing

As sales in the peak June quarter are impacted, analysts have cut sales growth to sub-4 per cent from over 20%

Varun Beverages gains for 12th straight day, surges 7% to hit a new high

Since January 8, the stock has rallied 23 per cent as latest shareholding data reveals that FPIs' stake in VBL touched a new high of 19.35 per cent at the end of December 2019 Since Jquarter (Q3FY20).

Organic growth, expanding distribution reach add fizz to Varun Beverages

Despite the ongoing slowdown, the company has posted strong organic growth in the past couple of quarters

Varun Beverages zooms 26% in three days on healthy Q3 results

The company reported robust volume growth as domestic organic growth up by 17.5 per cent and internationally it grew 27 per cent.

Varun Beverages hits 52-week high as CLSA maintains 'Buy' post Q2 results

Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 54.2 per cent to Rs 325.66 crore from Rs 211.24 crore reported in the corresponding quarter of the previous fiscal.

Varun Beverages Q2 profit jumps 84% to Rs 81 crore on better volumes

Earnings before interest, tax, depreciation and amortisation increased by 54.2 per cent to Rs 325.66 crore from Rs 211.24 crore

Pepsi's bottling partner Varun Beverages raises Rs 900 cr via QIP

The company said the QIP issue opened on September 3, 2019 and closed on September 6, 2019

Varun Beverages surges 11% in 2 days after stock turn ex-date for 1:2 bonus

The board is scheduled to meet on Thursday, August 1, 2019, to consider the financial results of the company for the period ended June 30, 2019 (Q1FY20) and to consider declaration of interim dividend