Varun Beverages Share Price Today on : Varun Beverages share are down by -0.65%, Nifty up by 0.79%

Varun Beverages Share Price Today on 28-10-2024: On the last trading day, Varun Beverages opened at ₹609.95 and closed at ₹607. The stock reached a high of ₹615.3 and a low of ₹600.55 during the day.

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Varun Beverages Share Price Today on : At 28 Oct 11:21 today, Varun Beverages shares are trading at price ₹ 607, -0.65% down from the previous closing price. Sensex is trading at ₹ 80205.

57, up by 1.01%. The stock has hit a high of ₹ 615.



3 and a low of ₹ 600.55 during the day. On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA.

The stock will have support at 5,10,20,300 days SMA & face resistance at 50,100 days SMA The SMA values for the stock are given below : The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹ 620.53, ₹ 630.47, & ₹ 644.

03, whereas it has key support levels at ₹ 597.03, ₹ 583.47, & ₹ 573.

53. Till 11 AM today, the volume traded on NSE & BSE for Varun Beverages was 113.16% higher than the previous trading session.

Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices. Overall, as per Mint technical analysis, The stock is displaying strong indications of a trend reversal following a downtrend.

From a fundamental analysis perspective, the company has a ROE of 34.15% .The current P/E of the stock is at 78.

15 . The median 1-year forecasted upside in this share is at 17.13% with a target price of ₹ 711.

00. The company has a 0.00% promoter holding, 1.

69% MF holding, & 24.18% FII holding as per filings in the september quarter. The MF holding has increased from 1.

62% in june to 1.69% in the september quarter. The FII holding has decreased from 25.

32% in june to 24.18% in the september quarter. Varun Beverages share price down -0.

65% today to trade at ₹ 607 while its peers are mixed. Its peers such as are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.

79% & 1.01% each respectively..