• On 23 Oct 2024, Wednesday, Varun Beverages reported a net profit of Rs. 628.82 crore in September 2024 quarter.
  • Total revenue in this period was Rs 4932.1 crore against Rs 3937.8 crore in the same period a year ago.
  • Varun Beverages Share price surges to 5.81% and closed at 628.8 on Wednesday.
  • Net profit and revenue rise 22% and 25.2% in year-on-year basis in the 3rd quarter of year 2024.
  • Jefferies rated it Buy and raises it’s target price by 30% from Rs 720 to Rs 750.
  • Morgan Stanley maintained ‘overweight’ with a target price of Rs 672.
  • The growth trajectory of Varun Beverages are :
  • In one year percentage growth is 72.74% and three year growth of stock is 458.39%.