Tag: coca-cola

• 20/03/2025
• by GAGA
• Share Market

JM Financial sees 38% upside in Varun Beverages, says correction overdone, reaffirms Buy rating

JM Financial has reiterated its ‘Buy’ rating on Varun Beverages with a target price of Rs 675, implying 38% upside from the previous day’s closing price. The brokerage believes the recent 30% correction in the stock is overdone, citing strong growth drivers in both domestic and international markets. The Indian beverage market, with an estimated…