Varun Drinks Share Worth At present on 08-11-2024: At 08 Nov 16:00 right this moment, Varun Drinks shares are buying and selling at worth ₹593, -0.58% down from the earlier closing worth. Sensex is buying and selling at ₹79486.32, down by -0.07%. The inventory has hit a excessive of ₹598.3 and a low of ₹588 in the course of the day.
On the technical entrance, the inventory is buying and selling above the 300 days SMA & decrease than the 5,10,20,50,100 day SMA. The inventory could have assist at 300 days SMA & face resistance at 5,10,20,50,100 days SMA
The SMA values for the inventory are given beneath :
The basic pivot stage evaluation exhibits that on a day by day timeframe, the inventory has key resistances at ₹597.57, ₹604.13, & ₹609.37, whereas it has key assist ranges at ₹585.77, ₹580.53, & ₹573.97.
Until 4 PM right this moment, the amount traded on NSE & BSE for Varun Drinks was 4.16% larger than the earlier buying and selling session. Quantity traded is a vital indicator together with worth to review tendencies. Constructive worth motion with larger quantity suggests a sustainable upmove, and destructive worth motion with larger quantity may be a sign of additional decline in costs.
Total, as per Mint technical evaluation, The inventory is at present experiencing a powerful downtrend.
From a basic evaluation perspective, the corporate has a ROE of 34.15% & ROA of 15.68% respectively.The present P/E of the inventory is at 76.37 .
The median 1-year forecasted upside on this share is at 20.24% with a goal worth of ₹713.00.
The corporate has a 0.00% promoter holding, 1.69% MF holding, & 24.18% FII holding as per filings within the september quarter.
The MF holding has elevated from 1.62% in june to 1.69% within the september quarter.
The FII holding has decreased from 25.32% in june to 24.18% within the september quarter.
Varun Drinks share worth down -0.58% right this moment to commerce at ₹593 whereas its friends are blended. Its friends resembling are falling right this moment, however its friends are on the rise. Total, benchmark indices Nifty & Sensex are down -0.21% & -0.07% every respectively.
