Large cap FMCG giant Varun Beverages shares witnessed rally of 3.85% in trade today and zoomed 11.03% in last 1-week on Bombay Stock Exchange (BSE). Last trading price of Varun Beverages shares on BSE stood at Rs 582.85 apiece. The company has a market capitalisation of Rs 1,97,091.31 crore. Its return on equity (ROE) is 26.09%. Government of Singapore has 1.38% stake in Varun Beverages. FII/FPI have increased holdings from 24.18% to 25.27% in December 2024 quarter.
The Board of Directors of Varun Beverages will meet on February 10, 2024 to consider financial results and final dividend. Check more details below:
Varun Beverages To Consider Results, Final Dividend
According to the BSE filing of Varun Beverages dated February 3, 2025, “a meeting of the Board of Directors of the Company will be held on Monday, February 10, 2025 inter-alia, to consider and approve the Audited Financial Results of the Company, both on Standalone and Consolidated basis, for the Quarter and Financial Year ended December 31, 2024 and to consider the proposal of recommendation of final dividend for the Financial Year ended December 31, 2024, subject to the approval of Equity Shareholders at the ensuing Annual General Meeting of the Company.”
Varun Beverages Shares Performance
The 52-week high price of Varun Beverages shares on BSE stood at Rs 682.84 per share (as on 29/07/2024) and 52-week low price is Rs 504.26 apiece (as on 05/02/2024), respectively. Varun Beverages shares slipped 10.41% year-to-date (YTD), fell 7.33% in last 6-months, and zoomed 13.34% in last 1-year. In last 2-years, Varun Beverages stock offered rally of 151.00% and surged 717.58% in last 5-years.
Varun Beverages Stock Split, Dividend History
The company recommended 3 bonuses since July 25, 2019. Its last Bonus was recommended in the proportion of 1:2 with ex-date set as June 6, 2022. The FMCG major split its face value twice since June 15, 2023. It last sub-divided the face value of its shares from Rs 5 to Rs 2 in 2024 and set ex-split date as September 12, 2024.
About
Varun Beverages Limited (“VBL” or the “Company”) is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA). VBL has been associated with PepsiCo since the 1990s and have over two and half decades consolidated its business association with PepsiCo. The Company manufactures, distributes and sells a wide range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo, according to its official website.
Disclaimer
The story highlights upcoming dividend, Q3 results and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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