Page 3 - Varun Beverages

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

Ramp-up in capacity to keep fizz intact for Varun Beverages stock

Higher margins, asset turnover should boost return on equity; Street sees 15-20 per cent upside potential

Varun Beverages outperforms index; territory acquisition to boost earnings

Varun's market share in terms of selling PepsiCo India's products would shoot up to over 80 per cent from 51 per cent earlier

Varun Beverages bags rights to distribute PepsiCo drinks across India

The deal would mean that VBL would be able to operate in seven more states and five union territories in India

Varun Beverages on verge of bagging more territories from PepsiCo in India

PepsiCo's largest bottler outside the US acquired rights for 5 states in central & east India and Zimbabwe in 2018

Varun Beverages surges on tie up with PepsiCo for Tropicana

The stock rallied 9% to Rs 750 on BSE in early morning trade on back of heavy volumes after the company and PepsiCo India have decided to enter into a strategic partnership for Tropicana

Varun Beverages zooms 48% in 9-days post PepsiCo franchises deal

The stock moved higher by 17% to Rs 762 on the BSE in noon deal, its highest level since listing on November 8, 2016.