Varun Beverages Ltd is down for a fifth straight session today. The stock is quoting at Rs 500.6, down 1.56% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 24558. The Sensex is at 80224.7, down 0.7%.Varun Beverages Ltd has lost around 2.26% in last one month.Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has increased around 1.7% in last one month and is currently quoting at 56187, down 0.65% on the day. The volume in the stock stood at 27.54 lakh shares today, compared to the daily average of 68.37 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 501, down 1.7% on the day. Varun Beverages Ltd tumbled 17.07% in last one year as compared to a 2.36% slide in NIFTY and a 11.62% fall in the Nifty FMCG index.
The PE of the stock is 67.7 based on TTM earnings ending June 25.