Varun Beverages, a part of the RJ Group, is an India based franchisee of
carbonated soft drinks (“CSDs”) and non-carbonated beverages (“NCBs”) sold
under trademarks owned by PepsiCo.Going forward, the company’s sales and profits
are expected to bolster on account of: 1) Cost savings from backward integration
to widen margins 2) Addition of premium products to portfolio.On account of all the mentioned growth factors we suggest Buy.

Download Full Report View Full Report in Browser