Fundamental Radar: Varun Beverages poised to become 4-digit stock; here’s how

November 3, 2023

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.

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