Varun Beverages

Varun Beverages stock jumps 4% on stock split record date; Should you buy or sell?

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Varun Beverages stock jumps 4% on stock split record date; Should you buy or sell?

Shares of Varun Beverages surged 4 percent to ₹1,588 per share on September 11, in anticipation of its 2:5 stock split record date. As a result, the stock will begin trading on an ex-split basis starting tomorrow, September 12. The board of directors has established September 12 as the ‘record date,’ the deadline for determining … Read more

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

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When mkt crashes, defensives like HUL, Nestle, Hero stand tall

On a day when several stocks hit the lower circuit triggering a trading halt, there were some fast-moving consumer goods and auto names that stood tall. This hints at investors fleeing to defensive bets in a highly volatile market. On Tuesday, India VIX jumped 28%. Shares of Hindustan Unilever Ltd, Nestle India Ltd, Britannia Industries … Read more