Varun Beverages Ltd

Daily Chart Pattern
Stock on trend line Support
Can See Good Up move from here
Good Trade for Short Term

PROS
Company has delivered good profit growth of 30.02% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.64%

CONS
Stock is trading at 8.27 times its book value
Promoter holding has decreased over last 3 years: -7.18%

I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
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