Shares of Varun Beverages surged 6% to an intra-day high of Rs 665.65 on BSE as the stock has started trading on an ex-split basis from today (Thursday), which was the record date fixed for the purpose of its 2:5 stock split. The shareholders whose names appear in the company’s database on the record date, … Read more
Global Brokerage JPMorgan has initiated coverage on Bharti Hexacom with an overweight rating, while Morgan Stanley has an equal-weight and overweight call on Apollo Tyres and Varun Beverages, respectively. Meanwhile, Citi and Goldman Sachs have buy calls on Vodafone Idea and HDFC Life. We have collated a list of recommendations from top brokerage firms from … Read more
Varun Beverages on Monday reported a consolidated net profit of Rs 548 crore, rising 25% year-on-year (YoY) for the quarter ended March 31, 2024, as compared to Rs 439 crore reported in the year-ago period. The revenue from operations for the reported quarter stood at Rs 4,398 crore which was up by 11.2% YoY over … Read more
