Varun Beverages Ltd is the second-largest franchisee of PepsiCo outside the US, and accounts for about 90% of PepsiCo’s beverage sales volume in India. The company manufactures carbonated soft drinks, including Pepsi, Mountain Dew, Seven Up, and Mirinda, and non-carbonated beverages such as Tropicana Slice, and Tropicana Frutz; and Bottled water – Aquafina.
Dalal Street Week Ahead: Nifty enters consolidation phase; breakout above 26,100 key for next market move
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,700–26,100 band amid falling volatility. With no clear breakout and the India