Varun Beverages has gained 158% in the last 5 years, do you have these shares.
In 2014, Varun
Beverage shares were trading at Rs 293. These shares have risen to Rs 756 in
2019.
Varun
Beverages has proved to be a good bet for long-term
investors. The company's shares have risen 150 percent in the last 5 years.
Despite the economic slowdown, Varun Beverage shares have climbed over 45 per
cent in the last one year.
In 2014, Varun Beverage
shares were trading at Rs 293. These shares have risen to Rs 756 in 2019. If we
look at the share price, then we will find that during this period Varun
Beverage shares have gained 158%. That is, if you would have invested Rs 1 lakh
in 2014, then today the value of your investment will be Rs 2.58 lakh.
Varun Beverage shares
reached the highest level of 52 weeks at Rs 788.75 on 7 November 2019. On 14
December 2018, Varun Beverage shares were at Rs 455.29, a 52-week low. Varun
Beverage shares have soared 36 per cent since 2019.
The consolidated net
profit of the company increased 83.7 per cent to Rs 81.1 crore in the September
2019 quarter. Consolidated net profit of the company was Rs 44.1 crore in the
same quarter a year ago. The company's revenue grew by 47.5 per cent to Rs 1777
crore in the September 2009 quarter. It was Rs 1204.5 crore in the same period
a year ago.
Also Read : RailTel 's IPO may come in January.
No comments:
Post a Comment