Tuesday at about 10:45 AM (IST), Varun Beverages Ltd.’s shares were up 0.06 percent at Rs 646.05. In the last session, the stock had finished at Rs 645.60. During the same period, the equity benchmark Sensex moved 729.81 points at 81018.76.
In the past year, the 30-share index has increased by 21.100000381469727 percent, while the scrip has increased by 47.14 percent. The 52-week high and 52-week low prices of the stock were Rs 682.84 and Rs 438.00, respectively.
Varun Beverages Acquisition
Varun Beverages has acquired 39.93% of Lunarmech Technologies’ (Lunarmech) issued and paid-up equity share capital, and as a result, it has become the Company’s wholly-owned subsidiary effective December 16, 2024. Varun Beverages is a CSD and NCB franchisee in India and around the world, selling products under PepsiCo trademarks.
In order to fulfill the increasing demands of the market, the company is expanding its production capacity by building a second facility in Jammu and operating a manufacturing facility in Jaipur. In FY 2023–2024, Lunarmech reported ₹183.4 crore in net revenue.
Varun Beverages Financial Performance
VBL reported ₹3,086 crore in revenue for the most recent quarter, down from ₹5,801 crore for the prior quarter. With earnings per share (EPS) of ₹1.52, the net profit for the quarter was ₹492.34 crore.
About the Company
An Indian business called Varun Beverages Limited is a PepsiCo franchisee. It manufactures and sells a variety of carbonated soft drinks (CSDs) and a wide range of non-carbonated beverages (NCBs), such as packaged drinking water marketed under PepsiCo brands. Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Seven-Up Nimbooz Masala Soda, and Evervess are among the PepsiCo CSD brands that it manufactures and markets. Tropicana Slice, Tropicana Juices (100% and Delight), Seven-Up Nimbooz, Gatorade, and bottled drinking water under the Aquafina name are among the PepsiCo NCB brands that company manufactures and markets.
