ICICI Securities said VBL reported better-than-expected India volume growth at 10.5 per cent YoY in a seasonally weak Q4. It said a decline in realisation indicates increasing competitive intensity.
Varun Beverages commissioned four new greenfield production facilities in India during the year—located in Prayagraj (Uttar Pradesh), Damtal (Himachal Pradesh), Buxar (Bihar), and Mendipathar (Meghalaya).
Varun Beverages share price today: Varun Beverages stock rose 3% to Rs 485.85 against the previous close of Rs 469.60. Market cap of the firm stood at Rs 1.72 lakh crore.
The brokerage calls SBI the best performer among large banks, citing its ability to 2x the balance sheet every 6 years. With a credit growth guidance of 12-14% for FY26 and margins expected to sustain above 3%.
Underperformers of 2024, which showed improved outlook, outperformed in 2025. They included Reliance Industries, Bajaj Finance, Axis Bank, Asian Paints and Titan Company.
Varun Beverages stock: The FMCG stock is down over 25% in 2025 and fallen 22% in a year.
VBL has acquired a 100 per cent stake in Twizza, which manufactures and distributes its own branded non-alcoholic ready-to-drink (NARTD) beverages in South Africa.
Varun Beverages stock: The stock was trading on flat note at Rs 457.40 in the afternoon session today.
Varun Beverages stock: Varun Beverages shares , which delivered multibagger returns of 598% in five years are down 21% in a year.
Brokerage firm JM Financial retained its ‘Buy’ call on the beverage major following its September quarter results.
VBL share price target: Calling the Pepsico bottler a rerating candidate, Emkay Global suggested a 'Buy' on VBL, as it revising its target price by 6 per cent to Rs 575.





