Varun Beverages Share Price Today on 11-11-2024: Varun Beverages share price are up by 0.08%, Nifty down by -0.03%
Varun Beverages Share Price Today on 11-11-2024: On the last trading day, Varun Beverages opened at ₹590 and closed at ₹591.7. The stock reached a high of ₹607.55 and a low of ₹582.5 during the day.
Varun Beverages Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Varun Beverages shares are trading at price ₹591.7, 0.08% up from the previous closing price. Sensex is trading at ₹79496.15, up by 0.01%. The stock has hit a high of ₹607.55 and a low of ₹582.5 during the day.
On the technical front, the stock is trading below 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 :
| Days | Simple Moving Average |
|---|---|
| 5 | 593.08 |
| 10 | 598.96 |
| 20 | 599.93 |
| 50 | 607.79 |
| 100 | 618.48 |
| 300 | 593.63 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹604.58, ₹619.12, & ₹630.28, whereas it has key support levels at ₹578.88, ₹567.72, & ₹553.18.
Varun Beverages Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for Varun Beverages was 51.41% 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.
Overall, as per Mint technical analysis, The stock is displaying strong indications of a trend reversal following a downtrend.
From a fundamental analysis perspective, the company has a ROE of 34.15% & ROA of 15.68% respectively.The current P/E of the stock is at 75.64 .
The median 1-year forecasted upside in this share is at 20.50% with a target price of ₹713.00.
The company has a 0.00% promoter holding, 1.69% MF holding, & 24.18% FII holding as per filings in the september quarter.
The MF holding has increased from 1.62% in june to 1.69% in the september quarter.
The FII holding has decreased from 25.32% in june to 24.18% in the september 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.
- Top Gainers
- Top Losers
- 52 Week High