Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

"Varun Beverages (VBL) is continuously increasing its penetration in newly acquired territories of South and West India to capture high volume. It is engaged in the manufacture, sale, bottling, and distribution of global cola giant - PepsiCo’s beverages in India, and accounts for ~85% of PepsiCo India’s business," Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

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Fundamental radar: Varun Beverages top buy for 2023; accounts for 85% of PepsiCo India’s business

Mazagon Dock Shipbuilders topped the list of gainers with 178 percent returns while Adani Power rose 144 percent; Indian Bank, Varun Beverages, Swan Energy, RHI Magnesita India and Adani Total Gas were among the stocks that doubled.

These 11 stocks more than doubled since the last Republic Day 2022

Shares of Varun Beverages have lost 20% from their record high in a month, leaving investors puzzled on the outlook of the multibagger stock. Varun Beverages stock, which hit at an all-time high of Rs 1432 on December 12, 2022 fell to a low of Rs 1135 on January 13 this year, translating into a loss…

Varun Beverages shares fall 21% from record high; can they still hit Rs 1,500 mark?

Varun Beverages stock touched an intraday high of Rs 1205.80, rising 6.26 per cent against the previous close of Rs 1134.80 on BSE. Market cap of the firm rose to Rs 77,945 crore.

Varun Beverages shares gain after four sessions; here’s why

Describing Varun Beverages shares as a high conviction buy, global brokerage Jefferies has a buy call on the stock with a target price of Rs 1540, which shows an upside potential of 28% from the current market price of Rs 1,200 apiece.

Mayuresh Joshi, Head- Equity Research India, William O’Neil and Company, tracks the stocks of Varun Beverages. Listen in.

#varunbeverages #varunbeveragesstocks #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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n18oc_business

Varun Beverages Shares Gain After Jefferies Describes The Stock As 'High Conviction Buy' | CNBC-TV18

Varun Beverages stock has yielded impressive results in 2022, growing over 120 percent in the year. The stock has outperformed the Nifty FMCG index. The company has given positive returns to shareholders every single year since its listing in 2016.

Varun Beverages jumps as Jefferies expects 28% upside, retains ‘buy’ tag

Varun Beverages spurted 4.38% to Rs 1184.50 on bargain hunting after recent steep losses.

Varun Beverages jumps on bargain hunting

One 97 Communications Ltd, Gland Pharma Ltd, Stove Kraft Ltd and Varun Beverages Ltd are among the other losers in the BSE’s ‘A’ group today, 12 January 2023.

Jindal Worldwide Ltd leads losers in ‘A’ group

Any increase in GST/cess could adversely impact the consumption of carbonated drinks and other beverages, said ICICI Securities

Varun Beverages extends fall on profit booking; stock slips 10% in 3 days

Varun Beverages Ltd, Sona BLW Precision Forgings Ltd, Sindhu Trade Links Ltd and Tejas Networks Ltd are among the other losers in the BSE’s ‘A’ group today, 11 January 2023.

Bharti Airtel Ltd Partly Paidup leads losers in ‘A’ group

Motilal Oswal has recommended investment in Varun Beverages, Ashok Leyland, IDFC First Bank and six more midcap stocks for January 2023

Ashok Leyland and IDFC First Bank among top 9 midcap picks by Motilal Oswal

Varun Beverages Ltd is a franchisee bottler of carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo. The Company produces and distributes products, such as Pepsi, Diet Pepsi and Seven-Up.

Varun Beverages Ltd

Varun Beverages Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Fundamental radar: Varun Beverages top buy for 2023; accounts for 85% of PepsiCo India’s business

These 11 stocks more than doubled since the last Republic Day 2022

Varun Beverages shares fall 21% from record high; can they still hit Rs 1,500 mark?

Varun Beverages shares gain after four sessions; here’s why

News Video

Varun Beverages Shares Gain After Jefferies Describes The Stock As 'High Conviction Buy' | CNBC-TV18

Varun Beverages jumps as Jefferies expects 28% upside, retains ‘buy’ tag

Varun Beverages jumps on bargain hunting

Jindal Worldwide Ltd leads losers in ‘A’ group

Varun Beverages extends fall on profit booking; stock slips 10% in 3 days

Varun Beverages Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Fundamental radar: Varun Beverages top buy for 2023; accounts for 85% of PepsiCo India’s business

These 11 stocks more than doubled since the last Republic Day 2022

Varun Beverages shares fall 21% from record high; can they still hit Rs 1,500 mark?

Varun Beverages shares gain after four sessions; here’s why

News Video

Varun Beverages Shares Gain After Jefferies Describes The Stock As 'High Conviction Buy' | CNBC-TV18

Varun Beverages jumps as Jefferies expects 28% upside, retains ‘buy’ tag

Varun Beverages jumps on bargain hunting

Jindal Worldwide Ltd leads losers in ‘A’ group

Varun Beverages extends fall on profit booking; stock slips 10% in 3 days

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock