Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.
Varun Beverages Share: Varun Beverages' board of directors on Tuesday approved plans to enter the ready-to-drink alcoholic beverage (alcobev) and allied product categories.
Stocks to watch today: The offer for sale (OFS) by Hindustan Copper will open for retail investors today following an overwhelming demand seen on the first day.
Appoints former Diageo executive Prathmesh Mishra as MD & CEO to lead KIVA Spirits and Company, its proposed wholly owned alcoholic beverages subsidiary
Varun Beverages is entering the alcoholic drinks market, setting up a wholly owned subsidiary and appointing former Diageo executive Prathmesh Mishra as its CEO and MD
For the quarter ended on June 30, Varun Beverages said that its PAT increased by 15.1 per cent Y-o-Y to ₹1,525.3 crore, driven by strong volume growth in India and International territories.
Consolidated sales volume grew 19.8 per cent to 466.7 million cases, while EBITDA margin narrowed 76 basis points to 27.7 per cent after Twizza consolidation
Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today
Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today
Asahi tie-up, India growth, Africa expansion and new categories such as dairy, energy drinks and snacks are expected to diversify Varun Beverages' revenues and support long-term growth
Domestic Institutional Investors have increased stake in 34 Nifty 500 stocks such as - Adani Power, Paytm and Eternal among others - quarter-after-quarter after March 2024, shows shareholding data.
Stocks to buy today: Ajit Mishra of Religare Broking has recommended buying three stocks today - Apollo Hospitals, Federal Bank, and Varun Beverages.
Hindalco, KEI Industries, Polycab, Apollo Hospital, Anand Rathi Wealth, GE Vernova T&D, Manappuram Finance, Navin Flurochemicals, Torrent Pharma and J B Chemicals hit fresh life-time highs on Monday.
Axis Securities in its weekly technical outlook and stock picks forecasts up to 17% upside in Varun Beverages, Manappuram Finance and Endurance Technologies.
Despite potential war-driven inflation, the company remains well-positioned to protect profitability, with structural growth drivers intact, say analysts.
Ajit Mishra of Religare Broking has recommended buying the shares of Apollo Hospitals, Manappuram Finance, and Varun Beverages today
Thus far in the month of April, the FMCG index has surged 11.73 per cent, as against a 7.4 per cent gain in the benchmark index
Dividend stocks: Shares of Varun Beverages, ABB India, Stovec Industries, and Tanla Platforms are set to remain in the spotlight today following their announcement of dividend rewards for shareholders
Africa push, category expansion and pricing support drive estimate upgrades
Firms such as Reliance Industries, Axis Bank, UltraTech Cement, Coal India, Hindustan Zinc, and Varun Beverages are among the major names announcing dividends