Varun Beverages slips below Rs 500, posts negative 2026 returns as analysts eye Rs 640-680 targets

PepsiCo bottler Varun Beverages fell 3% to Rs 481, dipping below Rs 500 for a second session and turning negative for 2026. The stock trades 27% above its 52-week low of Rs 381, with support near Rs 500 and resistance at Rs 550. Analysts flag upside targets of Rs 640-680 on a breakout. Market cap stands at Rs 1.62 lakh crore.

— Filed Tue, 7 Jul, 2026, 12:56 IST · Source Business Today · Latest · Updated

PepsiCo bottler Varun Beverages fell below Rs 500 for a second session, posting negative 2026 returns. Analysts flag support near Rs 500 and resistance at Rs 550, with upside targets of Rs 640-680 on a breakout.