Goldman Sachs initiated coverage on Varun Beverages with a ‘buy’ rating and a target price of Rs 600, highlighting strong execution and long-term growth potential in India’s underpenetrated ready-to-drink market. The brokerage expects VBL to continue gaining market share, driven by leadership in fast-growing segments like energy and hydration drinks. Robust financials and a resilient distribution network further strengthen the growth outlook.
Explained: Why Paisalo Digital shares hit 20% upper circuit on Wednesday
Paisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from 41.75% in FY26 through