Varun Beverages share are up by 2.89%, Nifty up by 0.1%

Varun Beverages Share Price Today : On the last trading day, Varun Beverages opened at 624.6 and closed at 639.05. The stock reached a high of 642.75 and a low of 616.25 during the day.

Livemint
Published17 Sep 2024, 11:15 AM IST
Varun Beverages Share Price Today Live Updates
Varun Beverages Share Price Today Live Updates

At 17 Sep 11:15 today, Varun Beverages shares are trading at price 639.05, 2.89% up from the previous closing price. Sensex is trading at 83039.43, up by 0.06%. The stock has hit a high of 642.75 and a low of 616.25 during the day.

On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

DaysSimple Moving Average
5627.50
10615.47
20615.77
50621.99
100614.75
300567.82

Till 11 AM today, the volume traded on NSE & BSE for Varun Beverages was 464.59% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

The stock is currently experiencing a strong bullish trend

From a fundamental analysis perspective, the company has a ROE of 34.15% .The current P/E of the stock is at 83.36 & P/B is at 23.52.

The company has a 62.66% promoter holding, 1.62% MF holding, & 25.32% FII holding as per filings in the june quarter.

The FII holding has decreased from 25.78% in march to 25.32% in the june quarter.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

More
OPEN IN APP