Varun Beverages Ltd - International Fizz Cushions Domestic Slowdown; Maintain BUY
Muted Domestic Demand Offset by Sparkling Growth Overseas: In Q3CY25, the company’s consolidated sales volume grew 2.4% YoY to 273.8 Mn cases.
490 Views
Varun Beverages Ltd - Temporary Topline Blip, Long-Term Growth Intact
Volume Dips, but Global Growth Cushions the Blow: In Q2CY25, the company’s consolidated sales volume declined 3% YoY to ~390 Mn cases.
206 Views
Varun Beverages - Volume Growth Led by International Market Additions
We largely maintain our CY25/CY26 earnings estimates. We value the stock at 55x CY26E EPS to arrive at a TP of INR680. We reiterate our BUY rating...
364 Views
Varun Beverages Ltd - Growth Story Remains Intact: Maintain BUY
Volume-led growth: In Q4CY24, the company delivered a strong performance, driven by a 38.1% YoY increase in volume growth (~23.2% for CY24), fueled...
356 Views
Axis Top Picks for the month of September 2025
Axis Top Picks Basket delivered a return of 16.2% in the last six months against the 10.4% returns posted by Nifty 50, outperforming the Nifty 50...
223 Views