Shares of Varun Beverages dropped by 1.65% today, closing at Rs 616.40 compared to the previous close of Rs 626.75. This decline led to an approximate market capitalization loss of Rs 3,495 crore, bringing the total market cap down to Rs 2,08,433.73 crore.
The stock opened at Rs 626.00 and traded between an intraday high of Rs 627.15 and a low of Rs 612.80. The total traded volume for the day stood at 39.25 lakh shares, with a traded value of Rs 241.89 crore. The stock’s recent decline comes despite its solid standing in the beverages sector, maintaining a 52-week high of Rs 681.12.
The performance reflects the broader market trends and investor sentiment surrounding the stock.
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