Uttar Pradesh is all set to emerge as a hub of distilleries, with as many as 13 new distillery plants being set up with an investment of Rs 20,000 crore.
The state gov..
Varun Beverages Ltd
* The stock after a steep correction is witnessing fresh momentum around the previous demand zone 1070-1050 levels.
* The stock has surpassed it..
Operating leverage and higher realization drive earnings
Earnings above our estimates
* VBL posted robust sales growth, supported by strong (19% YoY) volume growth ..
Brokerage house Motilal Oswal Financial Services has recommended investors to buy shares of Varun Beverages, pegging a target price of Rs 820.
Varun Beverages is a maj..
New launches, back-end integration to revive margins
About the stock: Radico Khaitan (earlier Rampur Distillery Company) is among the largest manufacturers of Indian m..
United Spirits is currently trading at Rs. 821.85, up by 43.20 points or 5.55% from its previous closing of Rs. 778.65 on the BSE.
The scrip opened at Rs. 800.50 and h..
Non-alcoholic beverage processing will not only help reduce fruit wastage in the supply chain but also enable the doubling of farmers' income, create jobs, and enhanc..
The company reported standalone net profit of Rs 195.36 crore for the quarter ended March 31, 2022 as compared to Rs 125.24 crore in the same period last year, registerin..
United Breweries is currently trading at Rs. 1544.40, up by 9.50 points or 0.62% from its previous closing of Rs. 1534.90 on the BSE.
The scrip opened at Rs. 1557.45 a..
Big beat overall
Gross margin pressure offset by decline in staff costs
UBBL’s standalone net sales grew 10.6% YoY to INR17.1b (est. INR..
Capacity expansion plans on track
Key takeaways from Q4CY21 results: (1) revenue grew 30.3% YoY, led by volume growth of 28.7% YoY and higher realisations by 1.2% YoY ..
Shares of Varun Beverages have been rising consistently over the past few sessions due to prospects of firm demand for cold drinks and beverages with the onset of summer...
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