Varun Beverages Shows Short-Term Gains Amid Broader Market Uptrend

Varun Beverages, a prominent player in the Breweries & Distilleries sector, has shown notable activity today, gaining 3.08% on May 5, 2025. This performance has allowed the stock to outperform its sector by 1.45%. Over the past two days, Varun Beverages has recorded a cumulative return of 3.59%, indicating a positive trend.
The stock reached an intraday high of Rs 541.15, reflecting a 3.24% increase during the trading session. In terms of moving averages, Varun Beverages is currently positioned higher than its 5-day and 50-day moving averages, although it remains below the 20-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex opened positively, trading at 80,796.84, up by 0.37%. The index has experienced a three-week consecutive rise, gaining 7.5% during this period. While Varun Beverages has shown short-term gains, its longer-term performance reflects a decline, with a year-to-date drop of 15.43% compared to the Sensex's 3.40% increase.