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.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,