Varun Beverages Shares Surge 6% to Rs 665.65 After Stock Split

Varun Beverages shares experienced significant gains following a stock split. On September 11, the stock price advanced 4.5% in intraday trade, reaching a high of Rs 1,588.6 per share. The following day, the shares rallied 6% to Rs 665.65 on the BSE, marking nearly a 10% increase over two trading days. The surge came after the PepsiCo partner traded ex-split in the ratio of 2:5. In early deals, the stock surged 6% to Rs 665.65 against the previous close of Rs 627.60.