1 / 11 Mutual Funds have piled into shares of banking stocks in the month of February, according to a latest report by Nuvama Alternative and Quantitative Research. Lenders like HDFC Bank, Kotak Mahindra Bank, Axis Bank and ICICI Bank feature in the list of 10 biggest buys by fund houses last month. Here is […]
Varun Beverages shares may see a 70% jump; CLSA adds stock to high-conviction list – CNBC TV18
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 apiece […]
Shares of this consistent compounder have a 50% upside as per consensus estimates – CNBC TV18
Shares of Varun Beverages Ltd. are trading with losses of as much as 7% on Thursday, February 27, extending their losses after a 4% drop no Tuesday as well. Shares of one of PepsiCo’s largest bottling partners globally have corrected over 10% in the last two trading sessions. The company had announced on Tuesday that […]
Trade Setup for February 27: Will the Nifty give up everything it had gained since June 2024? – CNBC TV18
You know you are in an uncertain, dodgy market when nobody is willing to go in with positions, either long or short, before a mid-week holiday, ahead of a monthly expiry. That is exactly what transpired on Tuesday for the Nifty, which had an extremely lacklustre trading session, but stuck to the template, defending 22,500 […]
Varun Beverages extends deadline for acquisition of Ghana-based SBC Beverages to March 31 – CNBC TV18
Varun Beverages Ltd, the leading bottler of PepsiCo, on Tuesday (February 25) announced an extension of its planned acquisition of SBC Beverages Ghana Ltd from Ghana Bottling Company Ltd for $15.06 million (₹1,27.1 crore). The transaction, initially set for completion by February 28, 2025, has now been extended to March 31, 2025, subject to regulatory […]
Varun Beverages Share Price: Analysts retain ratings with up to 47% upside on the stock – CNBC TV18
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 guidance […]
Varun Beverages Q4 Results: Topline rises 38%, margin flat at 15.7% – CNBC TV18
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 during […]
What is causing the correction in Varun Beverages shares? – CNBC TV18
Shares of Varun Beverages Ltd., one of PepsiCo’s largest bottling partner, are down nearly 4% on Friday, January 17. The stock has now declined in nine out of the last 10 trading sessions, during which it has seen a fall of 16%. Company Value Change %Change The stock is under pressure today courtesy commentary from […]
Varun Beverages shares fall as much as 5% on CNBC-TV18 report of potential GST rate tweaks – CNBC TV18
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 reported […]
35% GST — Shares of ITC, Varun Beverages fall up to 5% after CNBC-TV18 newsbreak – CNBC TV18
Shares of ITC Ltd., Varun Beverages Ltd., VST Industries Ltd., and other cigarette and beverage-linked companies fell up to 5% on Tuesday, December 3, following a CNBC-TV18 report on potential GST rate revision across categories. Company Value Change %Change CNBC-TV18 reported on Monday, December 2, citing surces, that the Group of Ministers (GoM) have decided […]