Varun Beverages’ acquisition of South African brand Twizza is set to double its market share in the region to 20% by 2027. Analysts have raised target prices, citing VBL’s consistent domestic performance and international expansion potential. The deal is expected to yield cost synergies and enhance VBL’s manufacturing and distribution capabilities in South Africa.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51