Varun Beverages Share Price: Varun Beverages shares 3.41% as Sensex rises
Shares of Varun Beverages Ltd. traded 3.41 per cent at Rs 587.20 at 09:58AM (IST) on Thursday, even as BSE benchmark Sensex 58.68 points to 77749.63.
The scrip had closed at Rs 567.80 in the previous session. The stock quoted a 52-week high price of Rs 682.84 and 52-week low of Rs 399.44, respectively. As per BSE data, total traded volume on the counter till 09:58AM (IST) stood at 74202 shares with a turnover of Rs 4.32 crore.
At the current price, the stock traded at 75.09 times its trailing 12-month earnings per share of Rs 7.82 per share and 23.16 times its price-to-book value, exchange 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.
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