Morgan Stanley Predicts 21.5% Upside for Varun Beverages

Morgan Stanley, a big investment company, thinks that Varun Beverages, a company that bottles PepsiCo drinks, will do really well in the next year.

They say the stock price could go up by 21.5% and reach Rs 600.

They also think the company's leaders will say good things about the future during their next big meeting.

Varun Beverages makes and sells drinks in India and other countries.

In the last few months, their stock price has gone up a little, but it has gone down a lot in the last year.

The company made more money this year compared to last year, but they sold a bit less drinks in India.

They sold more drinks in other countries, which helped a little.

Morgan Stanley thinks the company has a good chance to grow and do even better in the future.