Varun Beverages share price: Varun Beverages has declared a final dividend of Rs 0.50 per equity share.
Shares of Varun Beverages were listed in November 2016 as the stock had traded ex-bonus thrice and ex-split twice with 13 dividends in nearly 10 years.
Varun Beverages share price today: With the current phase of correction, the FMCG stock has extended its losing streak this year.
Varun Beverages share price today: The FMCG stock, which logged its first loss in terms of returns in nine years, has extended its losing streak this year.
Meanwhile, in its latest note, Motilal Oswal Financial Services Ltd (MOFSL) recommended a 'Buy' on VBL. The brokerage set a target price of Rs 550, signalling a 32 per cent upside potential from the stock's current trading levels.
MOFSL noted that VBL is shifting from a pure-play beverage bottler to a broader consumer distribution platform, leveraging its network to scale across multiple product categories.
Varun Beverages stock rose 3.74% to Rs 416.40 in early deals against the previous close of Rs 401.35.
At last check, the BSE Metal index had tanked 4.11% to 37,550.46, while the BSE Auto index slipped 2.57% down to 54,266.81.
Varun Beverages shares too hit a 52-week low of Rs 419.40 on March 3 this year. The PepsiCo bottler has carried forward losses in the stock market from 2025 to the current year.
Varun Beverages stock, which is in a correction mode in the last two years, has received a buy call with revenue/EBITDA/PAT likely to see a growth of 19%/20%/26% CAGR over CY24-27E.
Varun Beverages share price: The FMCG sector stock slipped 23.14% last year. This year too, the stock is down over 8% as investors await recovery in their beverages stock bet.




