Varun Beverages Ltd dropped for a fifth straight session today. The stock is quoting at Rs 920.25, down 0.87% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.83% on the day, quoting at 19367.2. The Sensex is at 64949.67, down 0.86%.Varun Beverages Ltd has eased around 1.66% in last one month.Meanwhile, Nifty Financial Services index of which Varun Beverages Ltd is a constituent, has eased around 0.54% in last one month and is currently quoting at 51320.85, down 0.1% on the day. The volume in the stock stood at 17.46 lakh shares today, compared to the daily average of 16.17 lakh shares in last one month.
The PE of the stock is 76 based on TTM earnings ending June 23.