Varun Beverages shares zoom 5% after co launches QIP
15 hours ago · Varun Beverages' shares rose 5% after the company launched a qualified institutional placement (QIP) to raise Rs 7,500 crore. The floor price for the issue is set at Rs 594.56 per share, representing a 1.5% discount. This move comes as the company reported a 22.3% rise in net profit for the third quarter, reaching Rs 628.83 crore.
Varun Beverages stock climbs 5% as firm launches Rs 7,500 crore …
14 hours ago · As for the quarterly earnings, Varun Beverages reported a net profit of Rs 619.6 crore, up from Rs 501 crore last year. Revenue grew 24 percent on year to Rs 4,805 crore, driven by the growth in ...
Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 …
11 hours ago · Around 12:50 PM, Varun Beverages shares were up 1.33 per cent at Rs 575.35 per share on BSE. In comparison, the BSE Sensex was down 0.22 per cent at 77,518.05. The market capitalisation of the company stood at Rs 1,86,915.42 crore. The 52-week high of the stock was at Rs 682.84 per share on BSE and 52-week low of …
Varun Beverages rises on launching QIP with floor price of Rs …
11 hours ago · Varun Beverages added 1.46% to Rs 576.10 after the company's board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 594.56 per share. The floor price of Rs 594.56 is at a premium of 4.71% to the previous day's closing price of Rs 567.80 ...
Q2 results: Varun Beverages launches QIP to raise Rs 7,500 cr - MSN
Varun Beverages Share Price Today Varun Beverages shares began up at Rs 589.60 on the BSE on Wednesday. On the BSE, the stock was trading at a day high of Rs 595.20, and an intraday low of Rs 565.
Varun Beverages News - Varun Beverages Announcement, Latest News …
Nov 5, 2024 · Domestic markets closed lower as stocks like Varun Beverages, Suzlon Energy, and Torrent Power gained attention with notable movements. Analysts suggest potential gains for these stocks given the key support and resistance levels, indicating positive recovery trends if buying momentum continues.
Varun Beverages Ltd News - Business Standard
Oct 22, 2024 · Varun Beverages Ltd News: Get the latest news today on Varun Beverages Ltd. Follow Business Standard for the complete news coverage and key information about the Varun Beverages Ltd.
Varun Beverages Ltd (NSE:VBL) Q3 2024 Earnings Call Highlights: …
Oct 23, 2024 · Varun Beverages Ltd (NSE:VBL) reports strong financial performance with a 24.1% revenue increase, while navigating increased finance costs and competitive pressures.
After three bonus issues in three years, Varun Beverages
May 1, 2023 · Bottling and beverage distribution company Varun Beverages Ltd. has approved a stock split in the ratio of 1:2 at its board meeting on Tuesday. NSE. This means that one share with a face value of Rs 10 will now become two shares with a face value of Rs 5 each.
Varun Beverages stock split: Varun Beverages announces 2:5 …
Jul 30, 2024 · Varun Beverages, PepsiCo's franchise partner, declared a stock split in the ratio of 2:5 and announced an interim dividend of Rs 1.25 per share. The company's June quarter results showed a 26% year-over-year increase in profit, amounting to Rs 1,261.83 crore, with revenue growing by 28%.
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