UBS initiates coverage on Trent, Varun Beverages, Devyani International, Tata Consumer, United Breweries, Sapphire Foods—check out target prices
Consumption stocks in India: According to UBS, a global firm providing financial services, premiumisation, and indulgence are redefining India’s food and beverage consumption.
UBS initiated coverage with a 'buy' on Bengaluru-headquartered United Breweries, a manufacturer of beer and non-alcoholic beverages, with a base target of Rs 2,000. Image: Reuters