March 23, 2023 06:32 AM IST

Hot Stocks | Bet on Aditya Birla Capital, Varun Beverages, Strides Pharma Science for short term

Varun Beverages has retested the falling trend line on the daily chart before going higher. On the higher end, the index has found resistance at the 14DMA (Rs 1,334.65) during the day's trade on March 22.

Indian soft drink market expected to see significant growth, says PepsiCo bottler Varun Beverages

In India, VBL has a presence in 27 states and 7 Union Territories and accounts for 90 per cent of PepsiCo India's beverage sales volume in the country.

Buy Varun Beverages; target of Rs 1620: Motilal Oswal

Motilal Oswal is bullish on Varun Beverages recommended buy rating on the stock with a target price of Rs 1620 in its research report dated March 09, 2023.

These 5 stocks have been multibaggers since last Holi, despite a rangebound market

While the Nifty50 has gained 2.5 percent and the Sensex has climbed 4 percent since last Holi, there are stocks that have delivered returns ranging roughly between 100-200 percent.

Trading in March: Top 10 ideas from experts as bulls charge Nifty to new highs

In coming sessions, 17,700-17,800 levels (5 and 21 EMA) are expected to be next resistance area for the index and if the said levels get passed then psychological 18,000 mark which coincides with 20-day SMA is likely to be a crucial hurdle, with the support at 17,400-17,255 area

Trade Spotlight | What's your strategy for Varun Beverages, State Bank of India, PB Fintech?

PB Fintech was also in focus, rising 6.5 percent to Rs 598, the highest closing level since June 27 last year, after consolidation in previous four trading sessions with sustaining above 200-day EMA (Rs 546). The stock has formed long bullish candle on the daily scale with above average volumes.

Hold Varun Beverages; target of Rs 1340: ICICI Direct

ICICI Direct recommended hold rating on Varun Beverages with a target price of Rs 1340 in its research report dated February 06, 2023.

Hold Varun Beverages; target of Rs 1370: Emkay Global Financial

Emkay Global Financial recommended hold rating on Varun Beverages with a target price of Rs 1370 in its research report dated February 06, 2023.

Buy Varun Beverages; target of Rs 1550: Motilal Oswal

Motilal Oswal is bullish on Varun Beverages recommended buy rating on the stock with a target price of Rs 1550 in its research report dated February 06, 2023.

Varun Beverages promoters likely to sell shares worth Rs 850 crore via block deal

Promoters are likely to offer up to 5-7 percent discount on deal. Varun Beverages' scrip closed 2.90 percent lower at Rs 1,272.30 apiece on BSE on February 9

Trade Spotlight | Your strategy for Varun Beverages, Oil India, CG Power today

Oil India shares climbed 4.5 percent to Rs 225 and formed strong bullish candle on the daily charts with above average volumes. Also there was Morning Star kind of pattern formation after recent correction, which is bullish reversal pattern.

Investors sip on Varun Beverages as profit grows 150% in a seasonally weak quarter

Revenue from operations for Varun Beverages grew by 27.7 percent year-on-year to Rs 2,214 crore, while sales volumes grew 17.8 percent to 132 million cases in the December quarter

Varun Beverages: Is there some fizz left, post the rally?

VBL likely to outperform the FMCG industry both in terms of revenues and earnings growth.

Varun Beverages Standalone December 2022 Net Sales at Rs 1,543.98 crore, up 40.27% Y-o-Y

Varun Beverages Consolidated December 2022 Net Sales at Rs 2,214.24 crore, up 27.67% Y-o-Y

These 11 stocks more than doubled since the last Republic Day 2022

Mazagon Dock Shipbuilders topped the list of gainers with 178 percent returns while Adani Power rose 144 percent; Indian Bank, Varun Beverages, Swan Energy, RHI Magnesita India and Adani Total Gas were among the stocks that doubled.

Varun Beverages jumps as Jefferies expects 28% upside, retains 'buy' tag

Varun Beverages stock has yielded impressive results in 2022, growing over 120 percent in the year. The stock has outperformed the Nifty FMCG index. The company has given positive returns to shareholders every single year since its listing in 2016.

Trade Spotlight | What should you do with Jubilant Pharmova, Tube Investments of India, Varun Beverages on Monday?

Varun Beverages was also in focus, climbing 3 percent to end at record closing high of Rs 1,410 and formed bullish candle on the daily charts. Also it has seen a break out of small horizontal resistance trend line adjoining December 5 and December 8.

Trade Spotlight | What should you do with MTAR Technologies, Varun Beverages, Aditya Birla Capital on Monday?

Varun Beverages shares rallied 4 percent to end at record closing high of Rs 1,319 on last Friday and formed long bullish candle on the daily charts with above average volumes.

Varun Beverages: Energy drink Sting adds zing to earnings growth

Focusing on under-penetrated markets, higher distribution reach, and investment in retail outlets by providing refrigeration will drive revenues and earnings growth

Buy Varun Beverages; target of Rs 1330: Motilal Oswal

Motilal Oswal is bullish on Varun Beverages recommended buy rating on the stock with a target price of Rs 1330 in its research report dated November 02, 2022.

Hold Varun Beverages; target of Rs 1235: ICICI Direct

ICICI Direct recommended hold rating on Varun Beverages with a target price of Rs 1235 in its research report dated November 01, 2022.

Varun Beverages Consolidated September 2022 Net Sales at Rs 3,248.31 crore, up 33.1% Y-o-Y

Varun Beverages Standalone September 2022 Net Sales at Rs 2,501.65 crore, up 46.25% Y-o-Y

Pepsico India bottler Varun Beverages beats estimates on price hike, shares upbeat

Profit grew by 59% to 3.81 billion Indian rupees ($46.1 million) in the three months ended September 30.