Pepsico franchise Varun Beverages shares rise by 17%, hit 52-week high
1 year, 3 months ago

Pepsico franchise Varun Beverages shares rise by 17%, hit 52-week high

Hindustan Times  

Shares of Pepsi India bottling company Varun Beverages surged by 17 per cent to an all-time high of ₹1,380.45 on Wednesday, this a day after the company announced its decision to buy South Africa's The Beverage Company in a deal valued at 13.2 billion rupees. The Varun Beverages shares on Wednesday posted its biggest intra-day jump since June 10, 2021 and is on track for an eighth consecutive quarterly rise The company is one of PepsiCo's largest franchisees outside the US, and is a top gainer on Nifty FMCG Index and was last trading up 11.8% at ₹1,310. They expect Varun Beverages to focus on PepsiCo's portfolio and gain share from Coca-Cola and local South African brands. The Varun Beverages shares on Wednesday posted its biggest intra-day jump since June 10, 2021 and is on track for an eighth consecutive quarterly rise, if trend holds.

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History of this topic

Pepsi vs Cola vs Ambani’s Campa vs Smoodh vs Amul TRU: How ₹10 beverage market competition has hot up
6 days, 14 hours ago

Pepsi vs Cola vs Ambani’s Campa vs Smoodh vs Amul TRU: How ₹10 beverage market competition has hot up

Live Mint  

Pepsi vs. Cola vs. Ambani’s Campa vs. Smoodh vs. Amul TRU: India's leading fast-moving consumer goods companies are increasing their bets on the ₹10 beverage market by introducing several new products, including sparkling water, flavoured milk, cola, and buttermilk. India's ₹ 10 beverage market crowd—Pepsi vs. Cola vs. Ambani’s Campa vs. Smoodh vs. Amul TRU ₹10 has historically been a …

Varun Beverages share price jumps 3% as CLSA upgrades stock to ‘high conviction outperform’; sees potential upside 70%
3 weeks, 3 days ago

Varun Beverages share price jumps 3% as CLSA upgrades stock to ‘high conviction outperform’; sees potential upside 70%

Live Mint  

Varun Beverages share price have sharply bounced in the last two sessions gaining around 8%. Varun Beverages share price today opened at ₹456.15 apiece on the BSE, the stock touched an intraday high of ₹471.75 per share and an intraday low of ₹448.60 apiece. Riyank Arora, Technical Analyst, Mehta Equities Ltd highlighted that Varun Beverages share price has given a …

Stocks to buy for long-term: Varun Beverages, DOMS Industries among top FMCG stock picks by Axis Securities
1 month ago

Stocks to buy for long-term: Varun Beverages, DOMS Industries among top FMCG stock picks by Axis Securities

Live Mint  

FMCG companies have reported muted performance in the third quarter of FY25 due to weakness in the urban market owing to increased competitive intensity and subdued demand environment. FMCG Sector Outlook Axis Securities believes that the FMCG companies are on a structural growth path, with several categories still under-penetrated and underserved. In a volatile, uncertain, complex, and ambiguous environment, the …

Varun Beverages is betting big on growth amid rising competition
1 month, 1 week ago

Varun Beverages is betting big on growth amid rising competition

Live Mint  

Varun Beverages Ltd’s strategy is clear: aim for double-digit volume growth in India, focus on international expansion, and strengthen the distribution network. Despite facing new competition from Campa Cola and the complexities of global markets, management remains confident amid strong demand tailwinds and robust execution. On the profitability front, while India business margin was solid at 16%, international margins fell …

Varun Beverages stock fizzled out despite strong earnings. Here's why
1 month, 2 weeks ago

Varun Beverages stock fizzled out despite strong earnings. Here's why

Live Mint  

Shares of Varun Beverages, the second-largest PepsiCo bottler globally, plummeted over 6% on 11 February, hitting a 52-week low of ₹511.45. Strong earnings, but markets disappointed Varun Beverages’ latest earnings reflected a strong year-on-year expansion, with Q4 Ebitda climbing 39% to ₹580 crore and Ebitda margins remaining steady at 15.7%. How brokerages reacted Despite the stock’s sharp correction, leading brokerages …

Varun Beverages share price cracks 7% to hit 1-year low after Q4 numbers. Should you buy, sell or hold?
1 month, 2 weeks ago

Varun Beverages share price cracks 7% to hit 1-year low after Q4 numbers. Should you buy, sell or hold?

Live Mint  

Pepsi India bottler Varun Beverages saw its shares tumble 7% in intraday trade on Tuesday, February 11, hitting a 12-month low of ₹511.15 apiece after the company's operating expenses rose sharply during the December quarter. Despite strong volume growth during the reporting quarter, driven primarily by volume additions from South Africa and the Democratic Republic of Congo, the rise in …

Varun Beverages Q4CY24 Results: Net profit rises 36% YoY to ₹195 cr, revenue jumps 38%
1 month, 2 weeks ago

Varun Beverages Q4CY24 Results: Net profit rises 36% YoY to ₹195 cr, revenue jumps 38%

Live Mint  

Varun Beverages, one of the largest franchisees of PepsiCo in the world, announced its December quarter and full-year results today, February 10, reporting a 36% year-on-year surge in consolidated net profit to ₹195 crore in Q4CY24, compared with ₹143 crore profit in the same period last year. Ravi Jaipuria, Chairman of Varun Beverages Limited, said, "We are progressing well in …

25x in returns, ₹25 lakh for every ₹1 lakh: Can Varun Beverages do it again?
2 months, 4 weeks ago

25x in returns, ₹25 lakh for every ₹1 lakh: Can Varun Beverages do it again?

Live Mint  

Have you ever heard the classic investing story, “Had you held on to this IPO stock, you'd have made 25% CAGR today?" Why bottlers like Varun Beverages are essential Running a beverage business isn’t just about creating a great product; it’s about delivering that product efficiently to millions of customers across urban and rural markets. Revenue sharing aligns their goals: …

Shares Of ITC, Varun Beverages Slip On Tuesday After Reports State GST Hike Likely On Tobacco, Aerated Drinks
3 months, 3 weeks ago

Shares Of ITC, Varun Beverages Slip On Tuesday After Reports State GST Hike Likely On Tobacco, Aerated Drinks

ABP News  

Shares of ITC and Varun Beverages slumped on Tuesday morning after reports emerged claiming that the authorities might hike the Goods and Services Tax on cigarettes, tobacco, and aerated drinks. Aerated drinks maker Varun Beverages witnessed a 5 per cent plunge in the stock market in the morning trading hours to touch Rs 600 amid heavy volumes. At the same …

Varun Beverages Share Price Today on 29-11-2024: Varun Beverages share price are down by -1.94%, Nifty up by 0.88%
3 months, 4 weeks ago

Varun Beverages Share Price Today on 29-11-2024: Varun Beverages share price are down by -1.94%, Nifty up by 0.88%

Live Mint  

Varun Beverages Share Price Today on 29-11-2024: At 29 Nov 11:25 today, Varun Beverages shares are trading at price ₹618, -1.94% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Share Price Today on 27-11-2024: Varun Beverages share price are down by -0.23%, Nifty up by 0.04%
4 months ago

Varun Beverages Share Price Today on 27-11-2024: Varun Beverages share price are down by -0.23%, Nifty up by 0.04%

Live Mint  

Varun Beverages Share Price Today on 27-11-2024: At 27 Nov 11:26 today, Varun Beverages shares are trading at price ₹612.6, -0.23% down from the previous closing price. The stock will have support at 5,10,20,50,300 days SMA & face resistance at 100 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 612.12 10 …

Varun Beverages Share Price Today on 26-11-2024: Varun Beverages share price are up by 2.66%, Nifty down by -0.07%
4 months ago

Varun Beverages Share Price Today on 26-11-2024: Varun Beverages share price are up by 2.66%, Nifty down by -0.07%

Live Mint  

Varun Beverages Share Price Today on 26-11-2024: At 26 Nov 11:00 today, Varun Beverages shares are trading at price ₹618, 2.66% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Share Price Today on 25-11-2024: Varun Beverages share price are up by 1.31%, Nifty up by 1.72%
Trending News
4 months ago

Varun Beverages Share Price Today on 25-11-2024: Varun Beverages share price are up by 1.31%, Nifty up by 1.72%

Live Mint  

Varun Beverages Share Price Today on 25-11-2024: At 25 Nov 11:02 today, Varun Beverages shares are trading at price ₹624.75, 1.31% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Share Price Today on 13-11-2024: Varun Beverages share price are down by -1.82%, Nifty down by -1.36%
4 months, 2 weeks ago

Varun Beverages Share Price Today on 13-11-2024: Varun Beverages share price are down by -1.82%, Nifty down by -1.36%

Live Mint  

Varun Beverages Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Varun Beverages shares are trading at price ₹573.5, -1.82% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Share Price Today on 12-11-2024: Varun Beverages share price are down by -1.28%, Nifty down by -1.07%
4 months, 2 weeks ago

Varun Beverages Share Price Today on 12-11-2024: Varun Beverages share price are down by -1.28%, Nifty down by -1.07%

Live Mint  

Varun Beverages Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Varun Beverages shares are trading at price ₹584.15, -1.28% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Share Price Today on 11-11-2024: Varun Beverages share price are up by 0.08%, Nifty down by -0.03%
Trending News
4 months, 2 weeks ago

Varun Beverages Share Price Today on 11-11-2024: Varun Beverages share price are up by 0.08%, Nifty down by -0.03%

Live Mint  

Varun Beverages Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Varun Beverages shares are trading at price ₹591.7, 0.08% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Share Price Today on 05-11-2024: Varun Beverages share price are down by -1.3%, Nifty up by 0.91%
4 months, 3 weeks ago

Varun Beverages Share Price Today on 05-11-2024: Varun Beverages share price are down by -1.3%, Nifty up by 0.91%

Live Mint  

Varun Beverages Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Varun Beverages shares are trading at price ₹585.75, -1.3% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Varun Beverages Shares Soar 0.36%, With Potential Breakout
4 months, 4 weeks ago

Varun Beverages Shares Soar 0.36%, With Potential Breakout

Live Mint  

Varun Beverages share price has seen a slight increase today, with the stock price trading up by 0.36%. The company's share price is currently trading at ₹611.3, up from the previous closing price of ₹595. The stock has also seen a slight decline in the Nifty, down by -0.15%. The technical analysis suggests that the stock is displaying strong indications …

Varun Beverages Price Chart: Up 3.14%, Nifty Down 0.28%
5 months, 1 week ago

Varun Beverages Price Chart: Up 3.14%, Nifty Down 0.28%

Live Mint  

Varun Beverages shares rise on positive news, with the stock price up by 3.14%. The company's share price has been trading within a range of ₹587.3 to ₹613.65 throughout the day, with a high of ₹613.65 and a low of ₹587.3. The stock has also seen a significant increase in volume, indicating positive momentum.

Mint Explainer: Inside the lucrative world of soft-drink bottling manufacturers
6 months, 1 week ago

Mint Explainer: Inside the lucrative world of soft-drink bottling manufacturers

Live Mint  

When the late George Fernandes, the industries minister in the short-lived Janata Party government of 1977, issued a diktat to multinational corporations Coca-Cola, IBM and AstraZeneca to dilute their stake in their wholly owned subsidiaries to 40% in favour of Indian shareholders, Coca-Cola and IBM chose to exit India. With Coca-Cola India now said to be evaluating options to list …

Top Stock Recommendations: Osho Krishan of Angel One recommends buying Nazara Technologies, and Varun Beverages today
7 months ago

Top Stock Recommendations: Osho Krishan of Angel One recommends buying Nazara Technologies, and Varun Beverages today

Live Mint  

Stock Market News: During the opening session on Thursday, the domestic benchmark indices, Sensex and Nifty 50, saw a surge, bouncing back from a flat performance the day before. Nifty 50 Outlook by Osho Krishan, Sr. Analyst, Technical & Derivatives, Angel One Nifty 50 maintains its winning spree, though the small-bodied candle formation over the last three sessions indicates a …

Varun Beverages ramps up domestic capacity in Q1
10 months, 2 weeks ago

Varun Beverages ramps up domestic capacity in Q1

Live Mint  

Varun Beverages Ltd, a major PepsiCo franchisee outside the United States, ramped up its domestic capacity in the first quarter of the current calendar year, with a capital expenditure of ₹2,800 crore. “This expansion is designed to meet the rising demand for beverages in India and support our long-term growth trajectory,” Ravi Jaipuria, chairman, Varun Beverages, had said in the …

Varun Beverages has the right ingredients in place, but keep an eye on margins
1 year ago

Varun Beverages has the right ingredients in place, but keep an eye on margins

Live Mint  

Varun Beverages Ltd – one of the largest PepsiCo franchisees outside the US – appears to have all the right ingredients in place. Besides expanding existing plants, VBL also plans to set up new ones, which would further boost earnings. “We believe that going ahead, VBL will tap into the snack food market by targeting regions where PepsiCo lacks manufacturing …

Big game opportunity for Varun Beverages in South African safari
1 year, 3 months ago

Big game opportunity for Varun Beverages in South African safari

Live Mint  

Investors in shares of Varun Beverages Ltd are buzzing with excitement. What’s more, the company’s decision to venture into South Africa via the acquisition of The Beverage Co pushed the VBL stock to a new 52-week high of ₹1,380, up 7% on Wednesday. Given that PepsiCo has a negligible market share in South Africa, there is a significant value-creation opportunity …

PepsiCo India to invest ₹778 crore to set up food plant in Assam
1 year, 6 months ago

PepsiCo India to invest ₹778 crore to set up food plant in Assam

Live Mint  

New Delhi: Food and beverage company PepsiCo India on Wednesday said it will invest ₹778 crore to set up its first food-focussed manufacturing plant in Assam, easing access to markets in the north-east region. PepsiCo India will assist farmers in the region by using state-of-the-art technology, high-quality seeds and affordable machinery and has a goal of sourcing 50,000 tonnes of …

Varun Beverages sets record date for stock split; what should investors know?
1 year, 9 months ago

Varun Beverages sets record date for stock split; what should investors know?

Live Mint  

Varun Beverages, the second largest bottling company of PepsiCo's beverages, has fixed the record date for the stock split in the ratio of 1:2. As per the regulatory filing, Varun Beverages' board of directors fixed June 15 as the record date to determine eligible shareholders entitled to the stock split. The 1:2 ratio in the stock split would mean that …

PepsiCo reports market share gains in India business in 2022
2 years, 1 month ago

PepsiCo reports market share gains in India business in 2022

Live Mint  

Food and beverage major PepsiCo on Thursday said its India business reported double-digit organic revenue growth for the full-year 2022 ending December 31, 2022. “Each of our international divisions reported strong organic revenue growth, led by Latin America and AMESA. Both divisions delivered more than 20% organic revenue growth for the full year with Mexico, Brazil, Colombia, Chile, Saudi Arabia, …

A taste of hope awaits investors of Varun Beverages
3 years ago

A taste of hope awaits investors of Varun Beverages

Live Mint  

Varun Beverages Ltd’s shares have risen 4% in the past two trading days compared with the 1.8% drop in Nifty 50 index. View Full Image Good rebond “Depending on Varun’s progress in the Kurkure Puffcorn business, we expect PepsiCo to offer more products and regions to Varun," said analysts from ICICI Securities in a report on 3 March. “Even as …

PepsiCo’s midlife crisis in India
7 years, 3 months ago

PepsiCo’s midlife crisis in India

Live Mint  

New Delhi: Falling sales, rising competition, changing customer preferences.You name it. According to market research agency Euromonitor International, PepsiCo’s flagship snack brand Lay’s lost share from 8.1% of India’s savoury snacks market in calendar year 2013 to 4.4% in 2017. The company disagrees: “Lay’s has been growing double digits quarter on quarter,” said a spokesperson at PepsiCo India, but did …

PepsiCo to ramp up Indian operations
11 years, 4 months ago

PepsiCo to ramp up Indian operations

The Hindu  

Global beverages and snacks major PepsiCo, on Monday, said it would invest Rs.33,000 crore in India by 2020 to ramp up operations. The company, which has so far invested $2 billion in India since its entry in 1989, said the investment that it was going to make would strengthen its capability in various strategic areas, including innovation, manufacturing, infrastructure and …

As summer sizzles, it's war in India's $10 bn beverage market
12 years, 11 months ago

As summer sizzles, it's war in India's $10 bn beverage market

Firstpost  

With the mercury rising and the fizz getting louder, beverage makers are launching new products and campaigns with catchy taglines to grab a share of the $10 billion Indian market, amid growing consumer base and fierce competition. New Delhi: With the mercury rising and the fizz getting louder, beverage makers are launching new products and campaigns with catchy taglines to …

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