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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 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...
Quick service restaurants, soft drink businesses to bounce back this year: Ravi JaipuriaDespite a slowdown in the growth of the quick service restaurants (QSRs) sector and soft drinks, Ravi Jaipuria, chairman of RJ Corp, PepsiC...
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 ...
Cola companies to rope cricketers for advertisements ahead of busy cricket scheduleSoft drink giants Coca-Cola, PepsiCo, and Reliance's Campa are preparing for a "second summer" during the cricket season after the April-Ju...
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.
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...
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...
Warmer weather helped boost soft drink sales, says PepsiCoExtended summers because of global warming are helping the soft drinks category, which historically was heavily seasonal dependent on the A...
Delhi High Court dismisses Red Bull's plea for injunction against PepsiThe Delhi High Court has dismissed Red Bull's injunction application against Pepsico from using the tagline "Stimulates Mind, Energizes Bod...