Varun Beverages buys incremental stake in Bevco: What it may mean for investors?
JM Financial is bullish on the Pepsico bottler citing a well demonstrated track record, large opportunity on offer, faster growth in comparison to peers and a debt-free balance sheet.
Varun Beverages shares doubled investor wealth in two years, more upside ahead?
The multibagger FMCG stock rose 127% in two years and gained 446% in three years. The stock climbed 27% in 2024.
Varun Beverages announces Rs 412 cr investment in South African subsidiary
Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest Rs 412 crore in its South African subsidiary Beverage Company Proprietary (Bevco).
Varun Beverages invests ₹413 crore in South African subsidiary for debt repayment and growth
Varun Beverages Ltd on Thursday (January 2) announced an investment of ₹413 crore by subscribing to 1,984,695 ordinary shares in its South African subsidiary, The Beverage Company Proprietary Ltd (Bevco),
Varun Beverages, flush with funds after QIP, invests Rs 412.8 crore in South African subsidiary Bevco
The share purchase by Varun Beverages will ensure funds with Bevco, its subsidiary in South Africa, to repay existing debt and strengthen balance sheet for growth.
Varun Beverages Announces Rs 412 Crore Investment in South African Subsidiary Bevco
Varun Beverages Ltd announces a Rs 412 crore investment in its South African subsidiary, Bevco, enhancing its operations and financial stability.
Varun Beverages stock: Not just another bottler, says JM as it shares VBL target price
JM Financial said VBL now accounts for 90 per cent of PepsiCo’s India volume sales and saw 300 basis points improvement in ...
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Varun Beverages Strengthens South Africa Presence With Rs 413 Crore Investment In Subsidiary
The investment by Varun Beverages will help its South African subsidiary repay debt and bolster growth, supported by its ...
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Varun Beverages shares still have fizz left despite eight years of positive returns
JM Financial sees further growth potential driven by deeper penetration and portfolio expansion in the already robust Indian ...
25x in returns, ₹25 lakh for every ₹1 lakh: Can Varun Beverages do it again?
Varun Beverages’ strong execution, expanding portfolio, international growth, and industry-leading margins make it a solid ...
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PepsiCo Bottler Varun Beverages Poised For Robust Growth, Says JM Financial Initiating Coverage
JM Financial Services highlights Varun Beverages Ltd. as a formidable player in India's beverage sector, having expanded its ...