Varun Beverages Ltd. NSE: VBL | BSE: 540180

Slowing Down Stock

Download real time

445.90 11.05 (2.54%)

32.81% Fall from 52W High

4.1M

NSE+BSE Volume

NSE 09 Oct, 2025 3:31 PM (IST)

Varun Beverages Ltd. share price target

Varun Beverages Ltd. has an average share price target of 592.20. The consensus estimate represents an upside of 32.81% from the last price of 445.90. View 20 reports from 10 analysts offering long-term price targets for Varun Beverages Ltd..

Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

Target - Broker has maintained previous recommendation but reduced share price target.

Reco - This broker has upgraded this stock from it's previous report.
(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased share price target.

Load latest Google or static link led you to an intermediate page.

Click on any table column to sort reports by date, stock name, broker, price, target, upside or recommendation.

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report		Discuss
	10 Oct 2025	Varun Beverages	Consensus Share Price Target	445.90	605.25	-	35.74	buy	pdf Detailed Estimates
	01 Aug 2024	Varun Beverages	Keynote Capitals Ltd Target	445.90	1727.00	1575.75 (-71.70%)	Pre-Bonus/ Split	Neutral	pdf post cache		Broker Report Varun Beverages Limited. Keynote Capitals Ltd Quarterly Update Q1FY25 pdf Copy Link Share on Share on Share on Share on Alert
	31 Jul 2024	Varun Beverages	Axis Direct Target	445.90	1800.00	1577.40 (-71.73%)	Pre-Bonus/ Split	Buy	pdf post cache		Broker Report Result Update:Varun Beverages Axis Direct With an 14% upside potential from the CMP, we maintain our BUY rating on the stock. pdf Copy Link Share on Share on Share on Share on Alert
	30 Jul 2024	Varun Beverages	Motilal Oswal Target	445.90	1850.00	1577.40 (-71.73%)	Pre-Bonus/ Split	Buy	pdf post cache		Broker Report Domestic business drives volume growth 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. pdf Copy Link Share on Share on Share on Share on Alert
	15 Jul 2024	Varun Beverages	Motilal Oswal Target	445.90	1900.00	1627.85 (-72.61%)	Pre-Bonus/ Split	Buy	pdf post cache		Broker Report Hungry For More: Scaling up snack food business 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. pdf Copy Link Share on Share on Share on Share on Alert
	14 May 2024	Varun Beverages	ICICI Securities Limited Target	445.90	1420.00	1489.05 (-70.05%)	Target met	Hold	pdf post cache		Broker Report Capacity addition and expansion of international business to drive growth; Stretched valuations ICICI Securities Limited Highlights: (1) Continued buoyant margin performance led by lower input prices, higher realisation and benefits of strategic cost-saving initiatives undertaken, (2) international business strengthened further, following the acquisition of BevCo (South Africa and surrounding region) and agreement signed for manufacturing of snacks from May’25 in Morocco market, pdf Copy Link Share on Share on Share on Share on Alert
	14 May 2024	Varun Beverages	Axis Direct Target	445.90	1750.00	1489.05 (-70.05%)	Pre-Bonus/ Split	Buy	pdf post cache		Broker Report Result Update:Varun Beverages Axis Direct With a 18% upside potential from the CMP, we maintain our BUY rating on the stock. pdf Copy Link Share on Share on Share on Share on Alert
	13 May 2024	Varun Beverages	Motilal Oswal Target	445.90	1720.00	1477.30 (-69.82%)	Pre-Bonus/ Split	Buy	pdf post cache		Broker Report Cost optimization and better realization drive earnings Motilal Oswal Varun Beverages (VBL) reported a revenue growth of 11% YoY in 1QCY24, led by volume growth (up 7% YoY) and high realization (up 4% YoY to INR180/case). pdf Copy Link Share on Share on Share on Share on Alert
	13 May 2024	Varun Beverages	Keynote Capitals Ltd Reco Target	445.90	1494.00	1477.30 (-69.82%)	Target met	Neutral	pdf post cache		Broker Report Varun Beverages Limited. Keynote Capitals Ltd Quarterly Update Q4FY24 pdf Copy Link Share on Share on Share on Share on Alert
	20 Mar 2024	Varun Beverages	Axis Direct Target	445.90	1550.00	1400.15 (-68.15%)	Target met	Buy	pdf post cache		Broker Report Axis Annual Analysis:Varun Beverages Axis Direct We maintain a Buy rating for VBL, with a target price of Rs 1550 per share, representing a potential upside of 11% from the current market price pdf Copy Link Share on Share on Share on Share on Alert
	06 Feb 2024	Varun Beverages	Axis Direct Target	445.90	1430.00	1347.15 (-66.90%)	Target met	Buy	pdf post cache		Broker Report Result Update:Varun Beverages Axis Direct We believe VBL is expected to continue its strong growth momentum and we maintain our BUY recommendation on the stock. pdf Copy Link Share on Share on Share on Share on Alert
more loading

* Please note that subscribers can download a maximum of 300 reports a month and 70 reports everyday.

Advisor Screeners