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Varun Beverages Ltd sees good buying

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Capital Market

Varun Beverages Ltd is quoting at Rs 1009.05, up 1.91% on the day as on 12:49 IST on the NSE. The stock is up 37.21% in last one year as compared to a 17.09% spurt in NIFTY and a 12.62% spurt in the Nifty FMCG index.

Varun Beverages Ltd is up for a third straight session in a row. The stock is quoting at Rs 1009.05, up 1.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 14437.1. The Sensex is at 49119.8, up 0.69%. Varun Beverages Ltd has risen around 11.88% in last one month.

 

Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has risen around 0.52% in last one month and is currently quoting at 34276.75, up 0.91% on the day. The volume in the stock stood at 1.43 lakh shares today, compared to the daily average of 3.24 lakh shares in last one month.

The PE of the stock is 100.73 based on TTM earnings ending September 20.

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First Published: Jan 11 2021 | 1:05 PM IST

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