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BeveragesMedium impactAfter close

VBL shares rise 1.9% after subsidiary merger announcement

after close1 source ↓written by the desknot a recommendation

Beverages Limited rose
1.9%
following the merger
₹520.45

Shares of Varun Beverages Limited rose 1.9% to ₹520.45 following the merger announcement of its South African subsidiaries. Twizza Proprietary Limited will merge into its holding company, The Beverage Company Proprietary Limited, with no cash or share exchange involved. This move aims to create business synergies and optimize operations.

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 3 Jul 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

VBL closed −4.1% on the day of the news, from ₹515.80 to ₹494.85; Nifty +0.7% over the same session; futures OI −0.2%.

Bulletin at 16:04 IST on 3 Jul 2026. Every change is measured from ₹515.80, the last close before it, on 3 Jul. 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 it463.35513.40563.46axis spans 22%before the news · 3 Jul515.80Nifty 50VBLbulletinD0+1+3+529 Jun9 Jul20 JulFutures open interest, lotspeak 49,000Reference close ₹515.80. 16 sessions from 29 Jun to 20 Jul; the price axis spans 22 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 %
Before3 Jul₹515.80basebase
On the day6 Jul₹494.85▼ −4.1%▲ +0.7%−4.7 pp difference
+1 session7 Jul₹484.25▼ −6.1%▲ +0.5%−6.7 pp difference
+3 sessions9 Jul₹481.40▼ −6.7%▼ −1.3%−5.4 pp difference
+5 sessions13 Jul₹469.10▼ −9.1%▼ −0.3%−8.8 pp difference
Gap at the open, % · ₹
▼ −1.1%−5.78 on 6 Jul
Day's range, % · ₹
4.2%≈ 22 high to low
Volume on the day
1.86×the 20-session average
Futures OI on the day
▼ −0.2%−80 lots · long unwinding · price −4.1%
Futures OI open, lots
46,0006 Jul · 28 Jul expiry
Futures premium, ₹
+0.95+0.2% to spot
Puts per call, by OI
0.45from 0.46 the session before
Max pain
500from 505 the session before

Source NSE UDiFF bhavcopy · VBL on the desk →

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