Consolidated net profit rose to Rs 132 cr ($15.9 million) for the fourth quarter ended Dec. 31, compared with Rs 74.75 crore rupees in the year-ago period
Shares of Varun Beverages hit a new peak of Rs 1,380.45 as they surged 18 per cent in Wednesday's intraday trade. With an m-cap of Rs 1.63 trillion, VBL stands at 40th position in m-cap ranking
Stocks to Watch on December 20, 2023: Mumbai-based businessman Harihara Mahapatra and his wife Preeti are likely to invest Rs 1,100 crore in SpiceJet for a 19 per cent stake
Varun Beverages Limited said that the indicative time period for the completion of the acquisition is on or before July 31, 2024
The double-digit growth of the company is better than FMCG peers
In Q3CY23, Ebitda margins improved by 79 bps to 22.8 per cent Y-o-Y driven by higher gross margins and operational efficiencies
The company, which also sells Aquafina packaged bottled water, said its consolidated revenue from operations grew 13.60 per cent to Rs 5,700 crore year-on-year
The company's revenue from operations was up 13.5 per cent to Rs 56,997.34 crore from Rs 50,175.75 crore in the June quarter last year
The company's revenue rose 13 per cent year-on-year (YoY) to Rs 5,611 crore in the second quarter of calendar year 2023 (Q2CY23)
Hindustan Aeronautics, Varun Beverages among firms to enter
VBL said stock split will enhance liquidity of the company's equity shares and encourage participation of small investors by making equity shares of the company more attractive to invest
Removal of non-F&O stocks could lead to addition/subtraction of 11 stocks, triggering a Rs 5,000-crore churn
The untimely episodes of rainfall have prevented the rise in temperatures in north India which usually experiences hot weather during the months of April and May
Overtakes Britannia in m-cap during intraday trade
The midcap index hit an intra-day high of 26,705.56, was less than 2% away from its record high level of 27,246.34, touched on October 19, 2021.
Growth options of bottling company will help sustain current pace
Stock has gained 1.3 times in the last one year crossing the Rs 1 trillion mark in m-cap
At 10:43 AM; with a market cap of Rs 1.02 trillion, VBL claimed the 48th spot in the overall market cap ranking, the BSE data shows.
Varun Beverages approved a share split of its existing shares in a ratio of 1:2 to boost its liquidity and make its stock "more attractive" to small investors
In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana