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FSSAI crackdown on energy drink brands; issues notices to 6 firms including Red Bull, PepsicoFood Safety and Standards Authority of India (FSSAI) has "issued notices to several beverage brands claiming to be 'energy drinks' for misb...
Pepsico launches energy drink Adrenaline Rush, eyes mass-premium segmentPepsiCo has introduced its premium energy drink, Adrenaline Rush, to the Indian market. This move expands their beverage portfolio, offerin...
Varun Beverages, PepsiCo India extend bottling pact till 2049, gets wider business freedomVarun Beverages Ltd. has extended its exclusive bottling and trademark license agreement with PepsiCo Inc. in India until April 30, 2049, r...
PepsiCo signs global partnership with Mercedes F1 team for Gatorade, Sting & DoritosPepsiCo is forging a global partnership with the Mercedes-AMG Petronas F1 team. This collaboration, set to begin in 2026, will feature thre...
PepsiCo signs 5-year global sponsorship deal with Formula 1PepsiCo has signed a five-year global partnership with Formula 1, making its brands Sting Energy, Gatorade, and Doritos official partners o...
Axis Securities Equal Weight on Varun Beverages, target price Rs 600Axis Securities has an equal weight recommendation on Varun Beverages with a target price of Rs 600. The company, reporting strong growth, ...
Buy Varun Beverages, target price Rs 710: Axis SecuritiesAxis Securities recommends a 'buy' on Varun Beverages with a target price of Rs 710, highlighting the company's strong growth momentum bols...
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...
Equal Weight on Varun Beverages, target price Rs 700: Axis SecuritiesAxis Securities sets a target price of Rs 700 for Varun Beverages. The current market price is Rs 617.8. The company's growth is driven by ...
Growth of caffeinated energy drinks makes Govt anxiousAmid a surge in consumption, particularly among teenagers and athletes, government officials are considering tighter regulations for caffei...
Varun Beverages: India's bottling baron Ravi Jaipuria has found more fizz this yearSince 1991, when PepsiCo entered India and Varun Beverages started working with it, the company has come a long way to bottle all the Pepsi...
Fundamental Radar: Varun Beverages poised to become 4-digit stock; here’s howVarun Beverages Ltd is the second-largest franchisee of PepsiCo outside the US, and accounts for about 90% of PepsiCo’s beverage sales volu...
PepsiCo stings Coca-Cola’s official World Cup sponsor tag with new adThe 'Nothing Official About It' campaign during the 1996 Cricket World Cup had stolen the thunder entirely from official sponsor Coca-Cola ...
Buy Varun Beverages, target price Rs 920: Axis SecuritiesVarun Beverages, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 108347.98 Crore) operating in FMCG sector.
Buy Varun Beverages, target price Rs 930: Axis SecuritiesPromoters held 63.62 per cent stake in the company as of 30-Jun-2023, while FIIs owned 26.71 per cent, DIIs 3.16 per cent.
Energy drink Sting is now the fastest growing beverage for PepsiCo IndiaAnalysts said energy drinks' sales are not limited to seasonality spikes unlike aerated soft drinks. Sting's contribution during the Decemb...
Indian soft drink market expected to see significant growth, says PepsiCo bottler Varun BeveragesVarun Beverages Ltd. is PepsiCo's largest franchise bottler in India. The company is in the process of further expanding its capacities to ...
Top Pick! Varun Beverages can rally up to 16%, says Axis SecuritiesThe brokerage observed that VBL is well placed under the current market situation as the early onset of the summer season is expected to dr...
Hold Varun Beverages, target price Rs 1370: Emkay Global Financial ServicesVarun Beverages, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 83538.58 Crore) operating in FMCG sector.
Varun Beverages climbs over 6% on strong Q3 results“The festive season in Q4 is expected to further aid consumption trends in this calendar year. We are confident that we can sustainably del...