Varun Beverages Shares

Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall

Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground

Test - Varun Beverages maintains strong growth trajectory in March quarter

Stock has gained 1.3 times in the last one year crossing the Rs 1 trillion mark in m-cap

Varun Beverages rallies 7% on strong December quarter earnings

The strong recovery in demand post the pandemic and continued efforts towards expanding the distribution network across markets resulted in a 41% growth in consolidated sales volume in CY22.

Varun Beverages profit jumps two-fold to Rs 81.5 crore, revenue up 27.9%

Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Monday reported a more than twofold jump in its consolidated net profit to Rs 81.52 crore for the quarter that ended December 31, 2022, led by volume growth and improved net realizations. The company, which follows the calendar year as its financial year, posted a net profit of Rs 32.59 crore during the October-December quarter a year ago. Its revenue from operations during the quarter under review stood at Rs 2,257.20 crore, up 27.89 per cent as against Rs 1,764.93 crore of the corresponding period last fiscal, Varun Beverages Ltd (VBL) said in a regulatory filing. VBL's "sales volumes grew by 17.8 per cent in Q4 CY2022 to 132.0 million cases," said the company in its earning statement. Its PAT increased 150 per cent in the October-December period, which is a "seasonally weak quarter". Its "net realization increased by 6 per cent to Rs 164 primarily due to price hike in select SKUs, rationalised discounts/incentives, an

Expansion, product mix to fizz up Varun Beverages' volumes and margins

Energy drink Sting help drive realisations of Pepsi bottler in Q3CY22

Varun Beverages soars 12% in 3 days, nears record high on strong Q3 results

Going ahead, VBL expects double-digit volume growth to continue, led by 5-10 per cent annual outlet expansion and growth in revenue per outlet

PepsiCo to invest over Rs 1,000 crore in Gorakhpur greenfield project

GIDA will allot 45 acres to the company for the plant, which will generate about 1,500 jobs

FMCG beat market blues; charts hint 15% upside for ITC, Varun Beverages

The Nifty FMCG index hit a fresh all-time high on Thursday even as the key benchmark indices wilted under selling pressure, tracking losses in global markets.

Varun Beverage shares at all-time high on firm demand outlook for beverages

Varun Beverage is the second largest bottling company of PepsiCo's beverages in the world outside the US

Amid strong growth expectations, more fizz left in Varun Beverages' stock

One year forward valuations at 40 times earnings are at a substantial discount to FMCG peers

Varun Beverages Q1 net more than doubles, board recommends a bonus issue

Its total income during the quarter under review stood at Rs 2,275.60 crore, up 31.96 per cent from the same period a year ago

Improved earnings visibility, debt pruning boost shares of Varun Beverages

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

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

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 up 15% in five days; stock nears record high

The stock was trading 5% higher to Rs 828 in morning deals. It was close to its record high level of Rs 849 touched on September 21, 2018 on the BSE in intra-day trade.