Varun Beverages stock climbs 5% as firm launches Rs 7,500 crore …
23 hours ago · At 10.02 am, shares of Varun Beverages were trading at Rs 586.65 on the NSE. According to a CNBC-TV18 report, the QIP has a base deal size of Rs 5,500 crore, with the potential to increase by Rs ...
Varun Beverages shares zoom 5% after co launches QIP
23 hours ago · Varun Beverages' shares rose 5% after the company launched a qualified institutional placement (QIP) to raise Rs 7,500 crore. The floor price for the issue is set at Rs 594.56 per share, representing a 1.5% discount. This move comes as the company reported a 22.3% rise in net profit for the third quarter, reaching Rs 628.83 crore.
Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 …
20 hours ago · Around 12:50 PM, Varun Beverages shares were up 1.33 per cent at Rs 575.35 per share on BSE. In comparison, the BSE Sensex was down 0.22 per cent at 77,518.05. The market capitalisation of the company stood at Rs 1,86,915.42 crore. The 52-week high of the stock was at Rs 682.84 per share on BSE and 52-week low of …
Varun Beverages shares in focus on acquiring two firms in Africa …
2 days ago · Varun Beverages holds 60.07 percent in Lunarmech, and after the transaction, it will become a wholly-owned subsidiary of VBL. Story continues below Advertisement
Varun Beverages launches QIP to raise up to ₹7,500 crore
1 day ago · Shares of Varun Beverages Ltd ended at ₹573.50, down by ₹10.65, or 1.82% on the BSE. Varun Beverages Ltd, leading bottler of beverage major PepsiCo, on Wednesday (November 14) has reportedly launched a Qualified Institutional Placement (QIP) with a base deal size of ₹5,500 crore, which can be upsized by an additional ₹2,000 crore ...
Varun Beverages announces ₹1,631-crore acquisitions in
2 days ago · These acquisitions include a 100% stake in SBC Beverages Tanzania Limited (SBCT), a 100% stake in SBC Beverages Ghana Limited (SBCG), and the remaining 39.93% stake in Lunarmech Technologies Pvt Ltd, a producer of plastic closures for PET bottles currently used by Varun Beverages. The shares of Varun Beverages ended over 1% in …
Varun Beverages expands footprint in Africa with two …
2 days ago · Varun Beverages - biggest bottler for PepsiCo in India - plans to raise up to Rs 7,500 crore through a qualified institutional placement (QIP) in November to raise funds, Moneycontrol reported ...
Varun Beverages News - Varun Beverages Announcement, Latest News …
2 days ago · Axis Securities has set a target price of Rs 700 for Varun Beverages Ltd. The company's stock is currently trading at Rs 585.25. Varun Beverages recently acquired a beverage company in South Africa and DRC. The company is also expanding its distribution reach and manufacturing capabilities.
markets: Dipan Mehta sees long-term potential in Varun Beverages ...
1 day ago · "The thing is that this particular category is under-penetrated especially in rural areas and because of electrification and more stability when it comes to supply of electricity, they are able to really go deeper into the rural markets," says Dipan Mehta, Director, Elixir Equities. Have you looked at Varun Beverages, I mean I have got all kind of crazy numbers that okay how expensive Varun ...
Pepsi India bottler Varun Beverages beats quarterly profit ...
May 13, 2024 · Varun Beverages reported its first-quarter earnings above market expectations on Monday, as the Pepsi India bottler benefited from an uptick in demand for soft drinks due to an early onset of...
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