Page 6 - Varun Beverages
Ramp-up in capacity to keep fizz intact for Varun Beverages stock
Higher margins, asset turnover should boost return on equity; Street sees 15-20 per cent upside potential
 "Ramp-up in capacity to keep fizz intact for Varun Beverages stock")
Varun Beverages outperforms index; territory acquisition to boost earnings
Varun's market share in terms of selling PepsiCo India's products would shoot up to over 80 per cent from 51 per cent earlier
 "Varun Beverages outperforms index; territory acquisition to boost earnings")
Varun Beverages bags rights to distribute PepsiCo drinks across India
The deal would mean that VBL would be able to operate in seven more states and five union territories in India
 "Varun Beverages bags rights to distribute PepsiCo drinks across India")
Varun Beverages on verge of bagging more territories from PepsiCo in India
PepsiCo's largest bottler outside the US acquired rights for 5 states in central & east India and Zimbabwe in 2018
 "Varun Beverages on verge of bagging more territories from PepsiCo in India")
Varun Beverages surges on tie up with PepsiCo for Tropicana
The stock rallied 9% to Rs 750 on BSE in early morning trade on back of heavy volumes after the company and PepsiCo India have decided to enter into a strategic partnership for Tropicana
 "Varun Beverages surges on tie up with PepsiCo for Tropicana")
Varun Beverages zooms 48% in 9-days post PepsiCo franchises deal
The stock moved higher by 17% to Rs 762 on the BSE in noon deal, its highest level since listing on November 8, 2016.
 "Varun Beverages zooms 48% in 9-days post PepsiCo franchises deal")
Varun Beverages to acquire rights from PepsiCo India; stock surges 10%
The stock surged 10% to Rs 589, also its 52-week high on the BSE, on back of heavy volumes
 "Varun Beverages to acquire rights from PepsiCo India; stock surges 10%")
Varun Beverages turns volatile after tepid listing
The stock moved higher to Rs 472 on NSE in intra-day trade, bouncing back 13% from its intra-day low of Rs 417.
 "Varun Beverages turns volatile after tepid listing")
Varun Beverages lists below issue price
The stock listed at Rs 430 on the National Stock Exchange , a 3.4% below its issue price of Rs 445 per share.
 "Varun Beverages lists below issue price")
Varun Beverages IPO subscribed 1.8 times
The IPO comprises a new issue of 15 mn shares and an Offer for Sale of 10 mn shares by the existing promoters
 "Varun Beverages IPO subscribed 1.8 times")
Varun entirely lapped up
The company is a bottler for PepsiCo Inc and has set a price band of Rs 440-445 per share
Varun Beverages' IPO likely on Oct 26
The IPO size could be around Rs 1,200 cr
 "Varun Beverages' IPO likely on Oct 26")
Varun Beverages, a PepsiCo franchisee, gets nod for IPO
Sources said Varun Beverages expects to raise more than Rs 1,000 crore through the IPO
PepsiCo bottler Varun Beverages files draft prospectus for IPO
Launch later this year, for over Rs 1,000 cr
 "PepsiCo bottler Varun Beverages files draft prospectus for IPO")
