Varun Drinks shares: Purchase Varun Drinks, goal worth Rs 1850: Motilal Oswal

Motilal Oswal Monetary Companies has purchase name on Varun Beverages with a goal worth of Rs 1850. The present market worth of Varun Beverages is Rs 1599.95.Varun Beverages Ltd., integrated within the yr 1995, is a Giant Cap firm (having a market cap of Rs 204973.73 Crore) working in FMCG sector.

Varun Drinks Ltd. key Merchandise/Income Segments embody Drinks, Different Working Income, Different Companies for the yr ending 31-Dec-2023. Financials
For the quarter ended 30-06-2024, the corporate reported a Consolidated Whole Revenue of Rs 7240.89 Crore, up 67.39 % from final quarter Whole Revenue of Rs 4325.67 Crore and up 28.09 % from final yr similar quarter Whole Revenue of Rs 5653.00 Crore. Firm reported web revenue after tax of Rs 1262.37 Crore in newest quarter.
Promoter/FII Holdings
Promoters held 62.66 per cent stake within the firm as of 30-Jun-2024, whereas FIIs owned 25.32 per cent, DIIs 4.54 per cent.

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