Leading FMCG giant Varun Beverages Ltd stock price settled 0.53% higher to Rs 539.60 per share on March 28, 2025 on Bombay Stock Exchange (BSE). VBL shares zoomed 23.92% in last 1-month and leading brokerage firm Angel One has recommended buy call with target price of Rs 560 per share. The company has a market capitalisation of Rs 1,82,485.47 crore. The stock’s return on equity (ROE) stood at 14.01%. It is worth noting Government of Singapore has stake of 1.38% in VBL. Meanwhile, FII/FPI’s holdings in the company surged from 24.18% to 25.27% for December 2024 quarter. Check key details pertaining to eligibility of dividend and more:
Varun Beverages Dividend 2025
According to the exchange filing of the company dated March 25, 2025, “In continuation to our intimation dated February 10, 2025 regarding the recommendation of payment of Final Dividend to the Equity Shareholders of the Company, the Board of Directors fixed Friday, April 4, 2025 as the Record Date, for the purpose of ascertaining eligibility of Equity Shareholders entitled for receipt of Final Dividend of Rs.0.50/- per Equity Share of face value of Rs. 2/- each for the Financial Year ended December 31, 2024.”
The Final Dividend once approved by Equity Shareholders of VBL at their upcoming 30th Annual General Meeting to be held on April 3, 2025, will be paid on and from Monday, April 7, 2025 to those shareholders whose name surfaces in the Register of Members of the Company or in the list of beneficial owners maintained by the Depositories as on Friday, April 4, 2025, added the exchange filing.
Varun Beverages Dividend History
The company recommended a total of 11 dividends since 2017. In last 1-year, Varun Beverages announced an equity dividend amounting to Rs 2.50 per share. Varun Beverages offers a dividend yield of 0.19%, according to Trendlyne.
Varun Beverages Shares Performance
The 52-week high of Varun Beverages share price stood at Rs 682.84 per share (as on 29/07/2024) and 52-week low price is Rs 419.40 per share (as on 03/03/2025), respectively. VBL share price gained 10.60% in last 2-weeks, slipped 13.64% in last 3-months, and fell again by 3.51% in last 1-year. However, the stock turned green in last 2-years and offered return of 99.32% and soared 331.20% in last 3-years. The stock offered highest returns of 973.8% in last 5-years.
VBL Financials Compared With Peer Group
The company declared its profit after tax for December 2024 quarter at Rs 208.6 crore. Meanwhile, ORIBEVER declared its PAT at Rs 0.29 crore and MANPASAND reported a PAT of – Rs 26.67 crore.
Should You Buy Varun Beverages Shares?
Angel has suggested buy call with target price of Rs 560. The brokerage firm has asked to keep the stop loss at Rs 520. On the other hand, out of 27 analysts tracking VBL, 24 suggested buy call while 3 has hold call, as per Bloomberg data. It is worth noting that the consensus target price of analysts for 12 months for VBL shares is Rs 655 per share.
Disclaimer: The stock has been picked from the brokerage report of Angel One. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. 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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