[ad_1] Brokerage firm CLSA on Tuesday, March 4, upgraded its rating on Varun Beverages Ltd. and projected an upside of close to 70% on the stock from the previous day’s closing price. CLSA upgraded its rating on Varun Beverages to a “high conviction outperform” but marginally cut its price target on the stock to ₹770 […]
Varun Beverages Share Price: Analysts retain ratings with up to 47% upside on the stock – CNBC TV18
[ad_1] Varun Beverages shares are in focus on Tuesday, February 11, after analysts retained their ratings on the stock. Company Value Change %Change Morgan Stanley has maintained its ‘overweight’ rating on Varun Beverages with a price target of ₹674. This is a 24% upside from Monday’s closing price of ₹543.10 apiece. The brokerage has reiterated the […]
Varun Beverages Q4 Results: Topline rises 38%, margin flat at 15.7% – CNBC TV18
[ad_1] Varun Beverages Ltd., one of the largest bottling partners of food and beverage giant PepsiCo Ltd., announced its December quarter results on Monday, February 10. This is the fourth quarter for Varun Beverages as the company reports earnings in a calendar year format. Company Value Change %Change The company reported revenue of ₹3,689 crore […]
Varun Beverages shares fall as much as 5% on CNBC-TV18 report of potential GST rate tweaks – CNBC TV18
[ad_1] Shares of Varun Beverages Ltd., one of the largest bottling partners of food and beverage giant PepsiCo Ltd., declined by as much as 5% in Tuesday’s trading session. Company Value Change %Change The sharp fall in the stock price followed a CNBC-TV18 reported about potential rate rationalisation in the upcoming GST council meeting. CNBC-TV18 […]
Varun Beverages approves ₹7,500 crore fund raise through QIP – CNBC TV18
[ad_1] The Board of Varun Beverages Ltd. approved raising up to ₹7,500 crore through qualified institutions placement (QIP) at the end of its board meet on Wednesday, October 9. The funds could be raised by the company in one or more tranches through QIP. A postal ballot notice to seek shareholder approval for the […]