The shares of the Large-cap company, which specializes in manufacturing, distributing, and selling a wide range of PepsiCo beverages, including carbonated soft drinks like Pepsi, 7UP, and Mountain Dew, as well as non-carbonated beverages such as Tropicana juices and others, are in focus following an analyst’s viewpoint on the stock after its Q2 results and Its entry into the Alcohol Business.

With a market capitalization of 1,59,173.30 Crores on Friday, the shares of Varun Beverages Ltd declined by upto 3.1 percent, reaching a low of Rs. 470.10 compared to its previous close of Rs. 485.15.

What Happened

Varun Beverages Ltd, engaged in manufacturing, distributing, and selling a wide range of PepsiCo beverages, including carbonated soft drinks like Pepsi, 7UP, and Mountain Dew, as w

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