NSE: VBL | BSE: 540180

Expensive Performer

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556.75 7.55 (1.37%)

32.70% Gain from 52W Low

9.0M NSE+BSE Volume

NSE 17 Apr, 2025 3:31 PM (IST)

188,285.4

Market Cap

Market Leader

0.8

Beta 1Year

Low volatility

Varun Beverages Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VBL, BSE:540180 Varun Beverages Ltd.

Varun Beverages Ltd.

23 Oct 2024

556.75

1.37%

Strong growth prospects at international business; rich valuations cap upside

Hold: Varun Beverages Ltd.

ICICI Securities Limited

Takeaways: (1) Varun (VBL) has aggressively ramped up production (operating at maximum utilisation) at its recently commissioned DRC facility, due to strong demand. It plans to scale up production capacity at DRC in a phased manner.

Varun Beverages Ltd. is trading below its 100 day SMA of 561.4

Varun Beverages Ltd.

23 Oct 2024

556.75

1.37%

Strong volume growth and improving margins underpin the overall performance

Buy: Varun Beverages Ltd.

KRChoksey

VBL showcased a healthy performance in Q3CY24 results, which outperformed our estimates across the board.
Consolidated revenue stood at INR 48,047 Mn, grew by 24.1% YoY, outperformed our estimate by 3.6%.

Varun Beverages Ltd. has an average target of 655.00 from 8 brokers.

Varun Beverages Ltd.

23 Oct 2024

556.75

1.37%

Result Update:Varun Beverages

Buy: Varun Beverages Ltd.

Axis Direct

With an 18% upside potential from the CMP, we maintain our BUY rating on the stock

Varun Beverages Ltd. is trading above its 50 day SMA of 517.6

Varun Beverages Ltd.

22 Oct 2024

556.75

1.37%

Varun Beverages Limited.

Neutral: Varun Beverages Ltd.

Keynote Capitals Ltd

Quarterly Update Q3CY24

Varun Beverages Ltd. has an average target of 655.00 from 8 brokers.

Varun Beverages Ltd.

02 Aug 2024

556.75

1.37%

Robust domestic growth and margin expansion drive overall performance

Buy: Varun Beverages Ltd.

Target

KRChoksey

VBL showcased a robust performance in Q2CY24 results, which outperformed our estimates across the board.
Net revenue of INR 71,969 Mn, excluding excise duty (+28.3% YoY, +66.7% QoQ), outperformed our estimates.

Varun Beverages Ltd. has an average target of 655.00 from 8 brokers.

Varun Beverages Ltd.

01 Aug 2024

556.75

1.37%

Varun Beverages Limited.

Neutral: Varun Beverages Ltd.

Target

Keynote Capitals Ltd

Quarterly Update Q1FY25

Varun Beverages Ltd. is trading above its 50 day SMA of 517.6

Varun Beverages Ltd.

31 Jul 2024

556.75

1.37%

Result Update:Varun Beverages

Buy: Varun Beverages Ltd.

Target

Axis Direct

With an 14% upside potential from the CMP, we maintain our BUY rating on the stock.

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

Varun Beverages Ltd.

30 Jul 2024

556.75

1.37%

Domestic business drives volume growth

Buy: Varun Beverages Ltd.

Target

Motilal Oswal

Varun Beverages (VBL) reported a revenue growth of 29% YoY in 2QCY24, led by volume growth (up 28% YoY). This was primarily driven by a domestic volume growth of 23% YoY.

Varun Beverages Ltd. is trading below its 100 day SMA of 561.4

Varun Beverages Ltd.

15 Jul 2024

556.75

1.37%

Hungry For More: Scaling up snack food business

Buy: Varun Beverages Ltd.

Target

Motilal Oswal

Varun Beverages (VBL) has inched closer to its goal of becoming a full-scale F&B
player with the recent agreement with PepsiCo to manufacture, distribute, and sell
snack food items in Zimbabwe and Zambia. We believe this agreement will serve as a building block for VBL’s snack food business.

Varun Beverages Ltd. is trading below its 100 day SMA of 561.4

Varun Beverages Ltd.

15 May 2024

556.75

1.37%

Enhanced growth prospects with improved realization and entry in new markets

Buy: Varun Beverages Ltd.

KRChoksey

VBL (Varun Beverages Limited) reported mixed bag of results for Q1CY24, which missed our revenue and net profit estimates by 7% and 10%, respectively.
Net revenue, excluding excise duty, of INR 43,173 Mn (+11.3% YoY, +61.0% QoQ) missed our estimates due to delayed seasonality cycle, reflecting in lower-than-estimated volume growth of 7.1% YoY, partially offset by higher-than-expected realizations.

Varun Beverages Ltd. has an average target of 655.00 from 8 brokers.

Is Varun Beverages Ltd. worth buying?

1432 Votes:

Buy 77.58%

Sell 10.89%

Hold 11.52%

RESEARCH REPORTS

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