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Varun Beverages and Britannia Industries hit a six-week low in FII ownership, while Dabur India and Godrej Consumer Products recorded their lowest FII ownership since December 2015.

Foreign investors cut stakes in FMCG firms as soaring input cost threatens Q4 earnings

Varun Beverages Share Price | The share touched a 52-week high of Rs 1,560.30 on February 26, 2024 and a 52-week low of Rs 687.50 April 20, 2023

Varun Beverages share price down 2% even after Gorakhpur unit starts production

As of December 31, 2023, the company operated 40 advanced manufacturing facilities, with 34 located in India and 6 abroad.

Varun Beverages starts production of carbonated drinks, energy beverages at Gorakhpur unit

KR Choksey is bullish on Varun Beverages has recommended buy rating on the stock with a target price of Rs 1732 in its research report dated March 18, 2024.

Buy Varun Beverages; target of Rs 1732: KR Choksey

Motilal Oswal is bullish on Varun Beverages recommended buy rating on the stock with a target price of Rs 1600 in its research report dated March 14, 2024.

Buy Varun Beverages; target of Rs 1600: Motilal Oswal

Later in the month of March temperatures are projected to surpass normal ranges with northeastern peninsular India, including Telangana, Andhra Pradesh, and north interior Karnataka, along with several regions of Maharashtra and Odisha anticipated to experience more frequent heatwaves than usual.

Ice-cream, beverage, and AC demand set to surge as India prepares for hotter summer

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

MC Graphixstory | FIIs cut stake in frontline FMCG stocks on weak sales growth in Q3

Varun Beverages Ltd. engages in the manufacture and sale of beverages. Its products include carbonated soft drinks, non-carbonated beverages and packaged drinking water. It operates through the India and Outside India geographical segments. The company was founded by Ravi Kant Jaipuria on June 16, 1995 and is headquartered in Gurugram, India.

52-Wk High	1,615.00
52-Wk Low	725.75

VBL.NSE Varun Bevarages Limited

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