Choice Broking recommends 'buy' on Varun Beverages for 31% returns
Choice Broking recommends a 'buy' rating on Varun Beverages with a target price implying 31% upside by 2026. The brokerage cites strong volume growth, expansion in bottling capacities, and favorable long-term contracts with PepsiCo. Risks include input cost volatility and execution in new geographies.
📊 STOCKS: $VBL | 🏢 SECTOR: FMCG | #MEDIUMIMPACT #Brokerage
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