Varun Beverages Stock In Focus! Share Up 6% On 1:2 Stock Split: Good Time To Invest? | Watch
Shares of Varun Beverages, one of the largest franchisees of PepsiCo beyond the US, surged nearly 6% on June 15. the stock is trading adjusted for its split. The company fixed June 15 as the record date for determining the entitlement of equity shareholders for the 1:2 stock split. This means that for every existing share that an investor holds, two additional shares will be issued by the company. Watch to know more.
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