Page 7 - Varun Beverages

Varun Beverage shares at all-time high on firm demand outlook for beverages

Varun Beverage is the second largest bottling company of PepsiCo's beverages in the world outside the US

Varun Beverages hits record high on strong demand for soft drinks

Demand for soft drinks and ice-creams has reportedly touched a five-year high, with the early onset of summer and rise in mobility.

Varun Beverages appears set for volume growth as consumer firms struggle

Gains expected on the back of rising out-of-home consumption after two years of sluggish performance

Distribution gains to bolster volume growth for Varun Beverages

The impact of rising raw material prices is a near term concern

Amid strong growth expectations, more fizz left in Varun Beverages' stock

One year forward valuations at 40 times earnings are at a substantial discount to FMCG peers

Varun Beverages Q1 consolidated net profit up by two folds at Rs 319 cr

Varun Beverages Ltd, on Monday reported over two-fold jump in consolidated net profit at Rs 318.80 crore for second quarter ended June 30, 2021, helped by volume growth and cost-optimization measures.

Varun Beverages Q1 net more than doubles, board recommends a bonus issue

Its total income during the quarter under review stood at Rs 2,275.60 crore, up 31.96 per cent from the same period a year ago

Market share gains to support volume growth for Varun Beverages

Amid restrictions, the company is banking on higher in-home consumption, new launches to drive sales

Improved earnings visibility, debt pruning boost shares of Varun Beverages

Volume recovery, expansion in new geographies and debt reduction are key positives

Varun Beverages narrows loss to Rs 7 cr in December quarter; shares skid 4%

Ebitda increased by 48.8 per cent to Rs 172.23 crore from Rs 115.74 crore reported in Q4CY20. Ebitda margins, too, improved by 346 bps in Q42020

Volume recovery to support Varun Beverages, stock outperforms

Bunching up of festive season in Q4CY20, resumption of public transport aiding on-the-go consumption, continuing in-home consumption trend bode well for the firm going forward

Varun Beverages: Good recovery, better margin outlook augur well for stock

Though out-of-home consumption is still under pressure due to the coronavirus pandemic, rising in-house consumption of carbonated soft drinks (CSD) is partly reducing the pressure on overall volumes

Despite near-term pressure, investors find flavour in Varun Beverages

Besides good business recovery, improved margin outlook boost investor sentiment

Varun Beverages Q2 profit plunges 65% to Rs 143 crore due to lockdown

The company, which follows calendar year as its financial year, had posted a net profit of Rs 405 crore in Q2 FY19

Top trading ideas by CapitalVia Global Research: Buy SBI, Varun Beverages

SBI's stock has formed a bullish flag pattern

From Nestle India to Maruti Suzuki, impact of Covid-19 on earning estimates

Given the huge hit from lockdown, it is not surprising that 44 of the 80 companies have seen sharp cuts ranging 10% to 72%

Varun Beverages extends fall, slips 7% on weak volume growth in March qtr

Organic volumes for the company got severely impacted in the last 10 days of March due to the spread of Covid-19 and the subsequent lockdown restrictions, the company said.

From airlines to automobiles, businesses see washout in April amid lockdown

According to the Indian Cellular and Electronics Association of India, the loss in revenues for mobile device manufacturers during the lockdown has been Rs 20,000 crore

PepsiCo India's third food manufacturing plant gets nod to re-start work

Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources

Varun Beverages: Wait for clarity on lockdown, demand before investing

As sales in the peak June quarter are impacted, analysts have cut sales growth to sub-4 per cent from over 20%