Name: Latest research reports of Varun Beverages Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Varun Beverages Ltd.
Rating: 5
Author: Axis Direct

Varun Beverages Ltd.

NSE: VBL | BSE: 540180 | ISIN: INE200M01039 | Industry: Other Food & Beverages
| Expensive Performer

556.7500 7.55 (1.37%)

NSE Apr 17, 2025 15:31 PM

32.70% Gain from 52W Low

Volume: 8.5M

Varun Beverages Ltd.

20 Dec 2023, 12:00AM

556.75

1.37%

Company Update:Varun Beverages

Buy: Varun Beverages Ltd.

Target

Axis Direct

We maintain our BUY rating on the stock with the revised TP of Rs 1,450/share (47x CY25EPS) vs. the earlier TP of Rs 1,200/share (45x CY25 EPS), implying an upside of 24% from the CMP.

Number of FII/FPI investors decreased from 1150 to 1086 in Mar 2025 qtr