Archive · 29 Jul 2026
Varun Beverages: Analysts' Target Prices and Market Outlook
Varun Beverages is a company that makes and sells beverages.
Recently, many financial experts, called analysts, have given their opinions on how the company's stock will perform in the future.
Some analysts think the stock will go up a lot, setting high target prices like Rs 629.
Others are more cautious, setting lower targets like Rs 490.
The company has been doing well, with good growth in India and even better growth in other countries.
However, there have been some problems like bad weather that have affected their sales.
Overall, most analysts think the company will keep doing well because it has a strong plan for growth and is expanding its business in many places.
Varun Beverages' stock settled at Rs 429.50 on Tuesday.
Analysts' target prices range from Rs 490 (Elara Securities) to Rs 629 (CLSA).
Emkay Global cut its target by 15% to Rs 525 due to climate-related disruptions.
The company showed 20% year-on-year volume growth, with 14% in India and 38% internationally.
MOFSL suggests a target of Rs 560, citing strong performance and growth prospects.
- Who
- Varun Beverages, Analysts (CLSA, Morgan Stanley, Jefferies, etc.)
- What
- Analysts' target prices and market outlook for Varun Beverages
- When
- Recent analysis and target prices set by various brokerages
- Where
- Global markets, with a focus on India and international operations
- Why
- To provide investment insights and growth projections for Varun Beverages
Bullish Analysts
Bearish Analysts
Stock Performance
Bullish Analysts
Analysts like CLSA, Jefferies, and Morgan Stanley have set high target prices, indicating strong growth potential.
Bearish Analysts
Elara Securities and JM Financial have set lower targets, suggesting caution due to near-term uncertainties.
Earnings and Growth
Bullish Analysts
Emkay Global highlights strong execution, outperformance against FMCG peers, and robust international growth.
Bearish Analysts
Emkay Global also notes a 3-4% earnings cut and a 11% drop in target multiple due to climate-related disruptions.
- Current Stock Price
- Rs 429.50
- Highest Target Price
- Rs 629 (CLSA)
- Lowest Target Price
- Rs 490 (Elara Securities)
- India Topline Growth
- 13%
- International Volume Growth
- 25%
- Net Realisation per Case Growth
- 1.2%