Varun Beverages Share Price: Varun Beverages shares 0.17% as Sensex rises
Shares of Varun Beverages Ltd. traded 0.17 per cent at Rs 612.95 at 12:44PM (IST) on Wednesday, even as BSE benchmark Sensex 317.14 points to 80321.2. The stock had closed at Rs 614.00 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 682.84 and Rs 418.78, respectively.
As per BSE data, total traded volume on the counter till 12:44PM (IST) stood at 12:44PM shares with turnover at Rs 2.07 crore.
At the prevailing price, shares of the company trades at 78.28 times its trailing 12-month earnings per share of Rs 7.82 per share and 23.16 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future….