India

Bullish on India I Pepsi maker Varun Beverages set to ride on growth in refrigerator sales in rural areas

The stock is currently trading at 46 times its FY25 EPS estimates. Although the current valuations are stretched, and there is a limited near-term upside on the stock, it has strong growth prospects for the long-term

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India

Bullish on India I Pepsi maker Varun Beverages set to ride on growth in refrigerator sales in rural areas