Shares of Pepsico bottler Varun Beverages Ltd will trade ex-dividend from April 4. The company announced an interim dividend of Rs 1.25 per share. The record date for interim dividend is also April 4. Varun Beverages stock rose 3.52% in early deals on BSE today. A total of 0.30 lakh shares of the firm changed hands, amounting to a turnover of Rs 4.33 crore on BSE. Market cap of the firm rose to Rs 1.87 lakh crore. The stock has zoomed 358% in two years and risen 539% in three years.
Multibagger stock: Varun Beverages shares were trading flat at Rs 1225.95 against the previous close of Rs 1235.75 on BSE. Market cap of the firm stood at Rs 1.59 lakh crore.
Multibagger stock: Varun Beverages shares have zoomed 350% in two years. The beverages stock fell to a 52-week low of Rs 550 on February 3, 2023 and rose to a record high of Rs 1380.45 on December 20.
Varun Beverages shares ended flat at Rs 1067.95 against Thursday’s close of Rs 1076.35 on BSE. Market cap of the firm fell to Rs 1.20 lakh crore. The stock has a one-year beta of 0.1 , indicating very low volatility during the period.