Huge Flag Pattern Breakout Seen in Varun Beverages | Fly in Sky

Updated
ABOUT COMPANY:-

Varun Beverages Ltd has been associated with PepsiCo since the 1990s and is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world. The company produces and distributes a wide range of carbonated soft drinks, non-carbonated drinks and packaged water sold under trademarks owned by PepsiCo.
PepsiCo brands produced and sold by the company include Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices and many more.


Market Cap
₹ 1,10,347 Cr.
Current Price
₹ 849
High / Low
₹ 874 / 454
Stock P/E
58.7
Book Value
₹ 50.0
Dividend Yield
0.15 %
ROCE
27.8 %
ROE
33.5 %
Face Value
₹ 5.00
Debt
₹ 3,726 Cr.
EPS
₹ 14.5
PEG Ratio
1.19
Promoter holding
63.6 %
Intrinsic Value
₹ 294
Pledged percentage
0.04 %
EVEBITDA
33.6


PROS

Company has delivered good profit growth of 49.2% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.6%
Company's median sales growth is 18.3% of last 10 years

CONS

Stock is trading at 17.0 times its book value
Company might be capitalizing the interest cost


So, Guy's i have written most of the things on chart and here, but i want to tell you a secret this is good fundamentally company to invest and forget for long term. But if you are going just for trading then please follow given stop loss in it.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Note
snapshot
Note
Our best entry got triggered, now sit tight and hold with given stop loss
Note
snapshot what a move we have got our target so early..
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