Varun Beverages rebounds 42% as Q1 profit jumps 20%; brokerages target Rs 615-620
VBL stock recovered sharply from March lows on a strong Q1 print (PAT Rs 878.7 cr, +20.1% YoY; revenue Rs 6,574.2 cr, +18.1%), South Africa Beverage Company buyout, and PepsiCo's India bottling license extension to 2049. YES and Emkay raised targets to Rs 615-620; VBL plans 0.5mn outlet adds in CY26.
Varun Beverages rallied 42% from March lows after Q1 PAT rose 20% to Rs 878.7 cr; YES, Emkay raised targets to Rs 615-620.
Business Today · Latest · 5/24/2026, 1:44:52 PM · Ask about this →