Wed, Mar 27, 2024
The acquisition was done after receipt of requisite approvals from PepsiCo Inc and Competition Commission South Africa and now BevCo has become a subsidiary of the company from March 26, Varun Beverages Ltd (VBL) in a regulatory filing.
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Mon, Mar 18, 2024
Consumption stocks in India: According to UBS, a global firm providing financial services, premiumisation, and indulgence are redefining India’s food and beverage consumption.
Tue, Feb 06, 2024
On the results, VBL Chairman Ravi Jaipuria said, "Despite the abnormally high unseasonal rains in the peak season, we are pleased to conclude CY2023 on a strong note. We witnessed a healthy double-digit volume growth in both Indian and international markets."
Wed, Dec 20, 2023
Shrugging off global positive sentiment, Indian equities ended sharply lower in Wednesday’s deal on the back of abrupt sell-off towards the second half of the session.
The brokerage said the company’s acquisition of The Beverage Co. is on expected lines given past communication; however, the deal fast-tracks its plans with a ready-capacity networ
Tue, Dec 19, 2023
BevCo is a South African company that manufactures and distributes licenced PepsiCo and own-branded non-alcoholic drinks.
Thu, Jun 15, 2023
Varun Beverages produces and distributes carbonated drinks, juices and packaged drinking water in six countries including India. The stock turned ex-date for split in the ratio of 1:1.
Fri, May 26, 2023
Varun Beverages Ltd gained more than 4%. Varun Beverages has reached Life High. The company has become the fourth largest company in the FMCG sector in the country. Where did this rally come from? Know in this video.
Varun Beverages' stock on Friday also touched a lifetime high of Rs 1747.15 per share on the BSE today. The counter has jumped nearly 24 per cent since the company announced its robust FY23 March quarter earnings on May 2, 2023.
Wed, May 03, 2023
Which stocks to buy, hold or sell today? As Dalal Street enters the May 3 session, here's a look at what brokerages make of some of the key stocks trending today. Stocks such as Tata Steel, Ambuja Cements, IndiGo, Sun Pharma, Varun Beverages, and other shares are on their radar today.
Tue, May 02, 2023
The stock split will enhance the liquidity of the company's equity shares and encourage the participation of small investors by making equity shares of the Company more attractive to invest, according to the company.
Wed, Apr 26, 2023
Why is Varun Beverages in focus today? What was the impact of PepsiCo's results? Why focus on QSR companies today? Know full details from Varun Dubey.
Sat, Apr 22, 2023
On analysts 'buy' recommendations list are Dalmia Bharat, Polycab India, Varun Beverages, and a slew of other stocks, handpicked mainly from a medium-to-long-term perspective
Wed, Apr 12, 2023
Raw sugar prices have surged 9% this week on account of muted production of the agri commodity in India. Due to competition, competitors reduced the prices. As such it can impact the margin of the company.
Tue, Feb 07, 2023
Varun Beverages' margins — a key measure of profitability for businesses — expanded by 190 basis points to 13.9 per cent compared with the year-ago period.
Mon, Feb 06, 2023
Varun Beverages — which manufactures and bottles PepsiCo drinks — reported a 4.6 times year-on-year jump in net profit to Rs 74.7 crore for the quarter ended December 2022 aided by a sustained rise in demand for packaged beverages from the depths of the pandemic. Varun Beverages shares jumped after the earnings announcement.
Thu, Oct 13, 2022
How were PepsiCo's quarterly results? Why keep an eye on Varun Beverages today? How did PepsiCo's results affect the stock? Know full details from Varun Dubey.
Fri, Jul 29, 2022
Great opportunity to earn before results. Make a strategy to earn money in Varun Beverages before the results.
Wed, Jul 13, 2022
Why Varun Beverages stock jumped? What is the connection between Varun Beverages and PepsiCo? Know full details from Kushal Gupta.
Tue, Apr 26, 2022
The Indian markets extended losses for the second day amid weak global cues on Monday
Mon, Mar 07, 2022
On February 28, 2022, the company's board approved the proposal to enter into an agreement to manufacture 'Kurkure Puffcorn' for PepsiCo India Holdings Private Limited as a part of their network of co-packers.
Tue, May 11, 2021
Analyst Sacchitanand Uttekar picked BEML stock as his long term pick. The 8-month corrective move is now about to end and the stock is ready for a fresh impulsive move. This stock was trading around Rs 1248 at the time of recommendation. He puts the target price between Rs 1740 and Rs 1800. There is a 40 per cent upside in this stock
Tue, May 04, 2021
Kotak Institutional Equities say that Varun Beverages underlying growth momentum was healthy with a two-year organic volume CAGR of 11.7% in 1QCY21. Robust growth continued in the first fortnight of April driving flat volumes in the month notwithstanding a sharp decline in the second fortnight following lockdown/restrictions
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