Varun Beverages Ltd is up for a third straight session today. The stock is quoting at Rs 420.75, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 23325.6. The Sensex is at 74509.35, up 0.26%. Varun Beverages Ltd has slipped around 2.57% in last one month.
Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has slipped around 3.65% in last one month and is currently quoting at 45572.7, up 0.37% on the day. The volume in the stock stood at 34.82 lakh shares today, compared to the daily average of 70.45 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 421.85, up 0.86% on the day. Varun Beverages Ltd is down 11.32% in last one year as compared to a 7.9% slide in NIFTY and a 18.72% slide in the Nifty FMCG index.
The PE of the stock is 47.71 based on TTM earnings ending June 26.