Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1158.95
Change Change %
-11.55 -0.99%

Updated:23 Sep, 2022, 15:58 PM IST

BSE
1159.20
Change Change %
-11.90 -1.02%

Updated:23 Sep, 2022, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Emkay Global
N/A
04-02-2022 Buy 945.00 1150.00
N/A
Target Hit Custom
20-11-2023

Emkay maintains "Buy" on Varun Beverages

Sustained double-digit volume growth trends in CY 2020-21 (barring Covid-hit April-May 2020-21) reflect strong on-the-ground execution, which augurs well for the upcoming March-June 2021-22 season. We largely maintain our ahead-of-consensus estimates and see scope for consensus upgrades with consistent strong execution by Varun Beverages. Maintain 'Buy' with a revised target price of Rs 1,150.

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