Research Reports'Buy' Varun Beverages Maintains Motilal Oswal Factoring In Strong Fundamentals, Potential For Future Growth
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'Buy' Varun Beverages Maintains Motilal Oswal Factoring In Strong Fundamentals, Potential For Future Growth
Factoring in strong fundamentals and potential for future growth, the brokerage builds in 18%16%/27% revenue/Ebitda/PAT CAGR over CY24-26 and reiterate Buy rating for the stock.
CY24 was a transformative year for Varun Beverages, marked by strong growth, global expansion, and unwavering sustainability commitments.
(Photographer: Vijay Sartape/NDTV Profit)
Motilal Oswal expect Varun Beverages to maintain its growth momentum, aided by: 1) strengthening its foothold in Africa, 2) expanding into snacks to diversify its revenue stream, 3) investing in new greenfield facilities, and 4) focusing on new product launches.