513.8500 17.60 (3.55%)
NSE May 12, 2025 15:31 PM
Volume: 5.0M
 

513.85
3.55%
Asit C Mehta Investment Interrmediates
We initiate coverage on Varun Beverages Ltd. with a “BUY” rating. We like the company for its demonstrated execution capabilities in India, further headroom for distribution expansion in India, continued territorial expansion in Africa, international margin improvement and strengthening ties with PepsiCo.
Varun Beverages Ltd. is trading below all available SMAs
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