Varun Beverages Shows Potential Trend Reversal Amid Broader Market Gains

Varun Beverages has shown a notable performance today, gaining 3.48% on May 23, 2025. This increase comes after a six-day streak of declines, marking a potential trend reversal for the large-cap beverage company. The stock reached an intraday high of Rs 485.7, reflecting a 3.26% rise during the trading session.
In terms of market performance, Varun Beverages outperformed its sector by 1.71%. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging position in the short to medium term.

On the broader market front, the Sensex opened flat but later climbed by 653.60 points to close at 81,550.60, a 0.74% increase. Mega-cap stocks are leading this upward trend, with the Sensex trading above its 50-day moving average, although the 50-day moving average remains below the 200-day average.

Over the past month, Varun Beverages has seen a decline of 11.39%, contrasting with the Sensex's gain of 1.80%. Year-to-date, the stock is down 23.82%, while the Sensex has risen by 4.37%. Despite recent challenges, Varun Beverages has shown significant growth over the longer term, with a remarkable 847.86% increase over the past five years.