Varun Beverages share are up by 0.79%, Nifty down by -0.05%

Varun Beverages Share Price Today on : At 01 Oct 16:00 today, Varun Beverages shares are trading at price ₹611, 0.79% up from the previous closing price. Sensex is trading at ₹84266.29, down by -0.04%. The stock has hit a high of ₹618 and a low of ₹605.4 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹618.73, ₹624.62, & ₹631.23, whereas it has key support levels at ₹606.23, ₹599.62, & ₹593.73.

From a fundamental analysis perspective, the company has a ROE of 34.15% .The current P/E of the stock is at 81.38 & P/B is at 22.96.

The median 1-year forecasted upside in this share is at 10.15% with a target price of ₹673.00.

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

The MF holding has increased from 1.52% in march to 1.62% in the june quarter.

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