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PEPSICO STOCK SURGE
Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...- S&P 500 PE looks cheap, but high oil prices still pose a threatWall Street has roared back to record highs even as uncertainty over the conflict in Iran lingers, a risk highlighted by a steady drumbeat ...
- US stock market rally today: Why Dow Jones, S&P 500, and Nasdaq are suddenly rising amid ceasefire hopes and strong earnings — Is this bull run just getting started?US stock market rally today is gaining strength as the S&P 500 crosses 7,000, the Nasdaq tops 24,000, and the Dow Jones rises steadily. Mar...
- US stock futures: Dow, S&P 500, Nasdaq steady after record highs as gold nears $4,100, Nvidia gains export boost, TSMC revenue surges 30% — is a Fed rate cut next?US stock futures held steady Thursday after a record-setting rally. S&P 500 futures stayed flat as investors await more Fed rate cuts. Nasd...
- Dow, S&P 500, Nasdaq futures rise as U.S. shutdown drags into 2nd week — will Wall Street’s 4-week winning streak hit new records again?US stock futures are rising today as market optimism holds despite Washington gridlock. The Dow gained 0.17%, S&P 500 rose 0.38%, and Nasda...
- PepsiCo stock spikes over 7% after crushing revenue estimates — stock nears 3-month highPepsiCo's stock soared following a strong second-quarter performance, exceeding Wall Street's revenue forecasts due to resilient pricing an...
- JM Financial sees 38% upside in Varun Beverages, says correction overdone, reaffirms Buy ratingJM Financial maintains a 'Buy' on Varun Beverages with a Rs 675 target, citing strong domestic and international growth drivers. Despite co...
- Reliance & HUL’s new googly set to stump another market in IndiaReliance Consumer Products Ltd has partnered with former Sri Lankan cricketer Muttiah Muralitharan to launch Spinner sports drinks at Rs 10...
- Reliance teams up with cricketer Muttiah Muralitharan to disrupt sports drinks marketReliance Consumer Products Ltd has partnered with former cricketer Muttiah Muralitharan to launch a new sports drink called Spinner in Indi...
- Varun Beverages set for outperformance, shares may rally 10%: Antique BrokingAntique Broking maintains a 'buy' on Varun Beverages with a target price of Rs 710, citing growth from energy drinks, dairy products, acqui...
- Varun Beverages shares zoom 5% after co launches QIPVarun Beverages' shares rose 5% after the company launched a qualified institutional placement (QIP) to raise Rs 7,500 crore. The floor pri...
- Varun Beverages announces record date for 2:5 stock split; shares rise 2%Varun Beverages Stock Split: Varun Beverages announced that September 12 will be the record date for its 2:5 stock split. Following the ann...
- World-beating Pepsi bottler may keep rallying after gaining almost 1,000%Varun has a history of getting a kickstart from its earnings announcement. The company’s quarterly revenue has beaten the Bloomberg average...
- Demand for soft drinks and ice-creams hits five-year high on early onset of summer and rise in mobilityThis comes after a complete washout in the past two summer seasons, which saw cold beverages and ice-creams being hit amid local curfews, s...
- Jio, Airtel take co-branding route to attract more usersThe Airtel-PepsiCo gameplan is to leverage the sharp surge in mobile broadband consumption and snacking volumes to boost revenues.
- PepsiCo-Airtel set to revive co-branding pactIndia’s second-largest telco and the maker of Pepsi cola and Lay’s snacks amongst others are reviving their older co-branding initiative to...
- Signs of shortage of essentials: Deliveries to consumers getting further delayed“We are starting to face stock-outs of some of our essentials packs,” said packaged consumer goods maker Dabur India’s chief executive Mohi...
- ETMarkets After Hours: 181 stocks at 52-wk highs; CLSA upgrade lifts IdeaThe bulls on Dalal Street drubbed the bears comprehensively on Friday.
- Sensex reclaims 34,000, Nifty50 above 10,500; RCom up 6%Asian markets too were trading on a higher note on Friday morning.
- Cola cos to import sugar despite high pricesUndeterred by 30-year-high world market prices, beverage companies Coca-Cola & PepsiCo are scrambling to buy sugar overseas to make sure th...
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