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20 August 2017

Hot Pursuit

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18-Aug-2017 (15:19)
Varun Beverages spurts after bulk deal

Meanwhile, the S&P BSE Sensex was down 255.59 points or 0.8% to settle at 31,539.87.

Bulk deal boosted volume on the scrip. On the BSE, 5.36 lakh shares were traded on the counter so far as against the average daily volumes of 19,866 shares in the past one quarter. The stock had hit a high of Rs 550 and a low of Rs 512.30 so far during the day. The stock had hit a record high of Rs 569.65 on 7 July 2017. The stock had hit a record low of Rs 341.25 on 14 March 2017.

The mid-cap company has equity capital of Rs 182.51 crore. Face value per share is Rs 10.

On a consolidated basis, Varun Beverages' net profit rose 21.32% to Rs 245.58 crore on 1.58% fall in net sales to Rs 1626.31 crore in Q2 June 2017 over Q2 June 2016.

Varun Beverages is one of the largest franchisee in the world (outside USA) of carbonated soft drinks (CSD) and noncarbonated beverages (NCB) sold under trademarks owned by PepsiCo. It produces and distributes a wide range of CSD as well as a large selection of NCB including packaged drinking water.


18-Aug-2017 (15:02)
Cambridge Tech climbs higher after signing agreement with Atlassian
18-Aug-2017 (14:33)
MOIL drops on profit booking
18-Aug-2017 (14:23)
PowerGrid gets energized after entering into loan agreement with ADB
18-Aug-2017 (14:08)
Volumes jump at Minda Corporation counter
18-Aug-2017 (13:50)
Infosys leads losers in BSE's 'A' group
18-Aug-2017 (12:27)
Poddar Housing surges 31.46% in five sessions
18-Aug-2017 (12:19)
Infosys in doldrums after board blames Murthy for CEO's exit
18-Aug-2017 (11:31)
HPCL edges higher on report of JV pact with Rajasthan for refinery
18-Aug-2017 (11:01)
Natco Pharma declines after recent sharp rally
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