Stocks to buy for the short term: From VBL to Hero MotoCorp— Jigar Patel of Anand Rathi recommends 3 stock picks

 21 Jul 2025 08:59 AM

Stocks to buy for the short term: The Indian stock market corrected in July, with the Nifty down 2.15%. Jigar Patel recommends short-term buys, including Varun Beverages (VBL) and Hero MotoCorp.

Goldman Sachs sees 22% upside in Varun Beverages, starts coverage with Buy on long-term growth potential

 27 May 2025 10:21 AM

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.

Varun Beverages extends deadline for acquisition of Ghana-based SBC Beverages to March 31

 25 Feb 2025 09:52 PM

Varun Beverages extended the acquisition deadline for Ghana-based SBC Beverages to March 31, 2025. Initially, the purchase of 100% shares was planned to conclude by February 28, 2025. This extension follows VBL's substantial fundraising in 2024 aimed at debt repayment and acquisitions.

Varun Beverages to invest Rs 412 cr in South African subsidiary

 02 Jan 2025 09:23 PM

Varun Beverages Ltd has invested Rs 412 crore in its South African subsidiary, Beverage Company Proprietary Limited. The investment includes subscribing to 19.84 lakh ordinary shares. This will help Bevco repay debt and strengthen its balance sheet. Promoted by the Jaipuria family, VBL accounts for 90 per cent of PepsiCo's beverage sales in India.