Varun Beverages zooms on getting nod for acquisition of control of Angelica Technologies

05 Nov 2019 Evaluate

Varun Beverages is currently trading at Rs. 708.60, up by 78.85 points or 12.52% from its previous closing of Rs. 629.75 on the BSE.

The scrip opened at Rs. 638.00 and has touched a high and low of Rs. 727.00 and Rs. 638.00 respectively. So far 147357 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 727.00 on 05-Nov-2019 and a 52 week low of Rs. 455.29 on 14-Dec-2018.

Last one week high and low of the scrip stood at Rs. 727.00 and Rs. 610.00 respectively. The current market cap of the company is Rs. 20385.75 crore.

The promoters holding in the company stood at 68.43%, while Institutions and Non-Institutions held 25.56% and 6.02% respectively.

Varun Beverages has received an approval for acquisition of control of Angelica Technologies by appointment of majority of directors on the Board of Angelica. The Board of Directors of the company at their meeting held on November 04, 2019, approved the same.

Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).

Varun Beverages Share Price

626.20 14.00 (2.29%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Nestle 2151.85
Britannia Inds 4705.10
Varun Beverages 626.20
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Hatsun Agro Product 1036.30
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