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Varun Beverages shares reach 52-week high after PepsiCo contract extension

pre-market1 source ↓written by the desknot a recommendation

of ₹540
52-week high
contract term
30 Apr 2049

Varun Beverages shares surged over 3% to a 52-week high of ₹540 after PepsiCo extended its contract term to 30 Apr 2049, lifting previous business restrictions. The stock opened at ₹532, reflecting strong investor sentiment following the announcement. This move is expected to enhance operational flexibility and growth potential for Varun Beverages.

• Contract extension until 2049

• Previous expiry was 2039

• Shares gained 3.8% intraday

Immediate market implications suggest increased investor confidence in Varun Beverages' future prospects.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 May 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

VBL closed −1.6% on the day of the news, from ₹539.45 to ₹530.70; Nifty +1.3% over the same session; futures OI −1.7%.

Bulletin at 07:06 IST on 23 May 2026. Every change is measured from ₹539.45, the last close before it, on 22 May. Nifty 50 is measured over the same sessions.

  • VBL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
VBL closes around the bulletin against the close before the news, with Nifty 50 rebased to it489.60539.45589.30axis spans 20%before the news · 22 May539.45Nifty 50VBLbulletinD0+1+3+518 May29 May9 JunFutures open interest, lotspeak 42,000Reference close ₹539.45. 16 sessions from 18 May to 9 Jun; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before22 May₹539.45basebase
On the day25 May₹530.70▼ −1.6%▲ +1.3%−2.9 pp difference
+1 session26 May₹531.30▼ −1.5%▲ +0.8%−2.3 pp difference
+3 sessions29 May₹528.00▼ −2.1%▼ −0.7%−1.4 pp difference
+5 sessions2 Jun₹537.00▼ −0.5%▼ −1.0%+0.5 pp difference
Gap at the open, % · ₹
▲ +0.7%+3.51 on 25 May
Day's range, % · ₹
3.3%≈ 18 high to low
Volume on the day
1.07×the 20-session average
Futures OI on the day
▼ −1.7%−720 lots · long unwinding · price −1.6%
Futures OI open, lots
42,00025 May · 26 May expiry
Futures premium, ₹
−0.150.0% to spot
Puts per call, by OI
0.66from 0.62 the session before
Max pain
520from 520 the session before

Source NSE UDiFF bhavcopy · VBL on the desk →

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