Varun Beverages Ltd dropped for a fifth straight session today. The stock is quoting at Rs 738.95, down 2.29% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.15% on the day, quoting at 16256.1. The Sensex is at 54456.14, down 0.18%.Varun Beverages Ltd has lost around 5.41% in last one month.Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has increased around 0.47% in last one month and is currently quoting at 36537.25, down 0.52% on the day. The volume in the stock stood at 4.12 lakh shares today, compared to the daily average of 4.74 lakh shares in last one month.

The PE of the stock is 83.69 based on TTM earnings ending June 21.