Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jun 15, 2021

Varun Beverages - Better Peak Season Performance: Axis Securities

Varun Beverages - Better Peak Season Performance: Axis Securities
Varun Beverages - The second largest franchisee in the world (outside U.S.) of carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo. (Source: Company website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Axis Securities Report

We recently interacted with the management team of Varun Beverages Ltd. to get an update on the company's performance during the ongoing peak business season (April-May-June).

Our key takeaway from the interaction is that the peak season sales have been better YoY despite the impact of statewide lockdowns during 2021 season.

Even though lockdown was imposed across 95% of the states in India, it was much better prepared given the learnings of the previous year.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search