Varun Beverages stock gains as revenue and profit stay strong
Published on 09/03/2026 at 08:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Varun Beverages stock (INE200M01013) closed at INR 415.25 on September 2, 2026, up 2.32 percent, while market cap was INR 1,40,372.30 crore and the intraday range stretched from INR 400.50 to INR 416.95. The company remains one of the larger names in Indian beverages, and the market is still valuing it at a high multiple of recent earnings.
Profit and volume stay visible
According to recent market coverage, Varun Beverages reported TTM net profit of INR 3,409 crore, and one current note also points to 19.8 percent volume growth. The combination matters because it ties a higher equity value to operating growth rather than to price alone.
On valuation, the stock traded at 40.61 times earnings in the same market snapshot, with a 52-week range of INR 381 to INR 555.80. That puts the latest close well above the lower end of the range, but still below the peak reached earlier in the year.
What the market is pricing
Varun Beverages also showed up in a recent market note that linked the stock to a target price of INR 530, implying 32 percent upside from the cited level. A separate live market page showed the shares at INR 415.25 as of September 2, 2026, with volume of 427,170 shares.
For investors, the key point is the gap between operating numbers and the current quote: INR 3,409 crore in net profit, 19.8 percent volume growth, and a 40.61 times earnings multiple together explain why the stock remains tightly watched.
Pepsi bottling still drives the story
Varun Beverages is best known as a PepsiCo bottler, and that core business still carries the numbers in the market narrative. A current analyst-style estimate also shows expected revenue of INR 56.74 billion for 2026, which keeps the focus on scale and margin power.
Stock at the close
The latest quoted price for Varun Beverages stock was INR 415.25 as of September 2, 2026, in Indian rupees. The stock traded between INR 400.50 and INR 416.95 in that session.
Varun Beverages stock at a glance
- Company: Varun Beverages Limited
- ISIN: INE200M01013
- Ticker: VBL
- Trading venue: NSE and BSE
- Price (as of September 2, 2026): INR 415.25
- Market capitalization: INR 1,40,372.30 crore (as of September 2, 2026)
- Sector / Industry: FMCG / Food and Beverages
- Index membership: Nifty Next 50
