Varun Beverage Share Price has recently dropped by more than 6%. It is one of the leading player in FMCG segment. Varun Beverages is a master franchisee of PepsiCo. With Strategic expansions and strong financial performance, it’s making a positive wave in the market.
Varun Beverages Share Price in Today’s Market
On 27th February 2025, Varun Beverages opened at Rs 475.50 which is slightly lower than the previous close of Rs 476.50. But as of now, prices have gone down to Rs 447.60 which is more than 6%. Till now the share prices touched a high of Rs 476.50 and the lowest it dipped was Rs 439.90. The upper circuit for the share is at Rs 524.15 and the lower circuit is at Rs 428.85.
Company Financials
According to Moneycontrol the total market capitalization of Varun Beverages Ltd is around Rs 1,50,961 Crores. The Q3 results for the company is already out. It reported a total consolidated income of Rs 3733.43 crore in the third quarter. The company has made a net PAT of Rs 196.33 Crore.
Recent news on Varun Beverages
The company has been in the news recently, due to its strategic acquisitions. Varun Beverages Ltd has acquired BevCo which made its presence more strong in countries like South Africa, the Democratic Republic of Congo. Apart from India, it’s also focusing on capturing the markets of Zimbabwe and Zambia.
Varun Beverages Ltd has also enhanced its manufacturing capacity in greenfield and brownfield projects. This will decrease costs and help expand in market.
Varun Beverages Share Target Price
Axis Securities has high expectations from these shares and set the target price at Rs 710. On the other hand, HSBC suggests a target price of Rs 670. Another brokerage Emkay and CLSA suggests more higher target price of Rs 800.
Recommendation on Buy or Sell
As per reports, Varun Beverages seems to be a promising investment. With growing profits and plans of expansion analysts recommend buying these stocks. According to moneycontrol, 68% of 22 analysts suggest “BUY” for Varun Beverages Share.