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Posts tagged Varun Beverages share price target

Varun Beverages is expanding boundaries, elevating innovation, strengthening tomorrow. Buy for target price of ₹680 (28% upside): Motilal Oswal



Varun Beverages share price target

We expect VBL to maintain its growth momentum, aided by: 1) strengthening its foothold in Africa, 2) expanding into snacks to diversify its revenue stream, 3) investing in new greenfield facilities, and 4) focusing on new product launches.

Varun Beverages’ price correction is overdone and the prevailing market pessimism should be used as an opportunity to Add. Target price ₹675 (38.3%): JMFICS



Varun Beverages has corrected c.30% from its peak – a function of weak demand and rise in competitive intensity with aggression from Campa on pricing, channel margins, media visibility and distribution expansion

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