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Buy, Sell Or Hold: Tata Capital, Swiggy, Varun Beverages, Wipro And Ola Electric — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Varun Beverages' Kenya arm to acquire DFIL Kenya's dairy, juice and packaged water business for $32 million
Varun Beverages (VBL) has announced that its subsidiary, VBL Industries (Kenya), has entered into an agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) (DFIL Kenya).
Stock Alert: Trent, Titan Company, Varun beverages, Cochin Shipyard
Varun Beverages wholly owned subsidiary, VBL Industries (Kenya) has entered into an agreement to acquire dairy beverages, juices and packaged drinking water of Devyani Food Industries (Kenya) for total consideration of $32 million (Rs 305 crore).
Stocks to Watch today: Trent, Titan, Power Grid, Cochin Shipyard, TVS Motor
Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today
Stocks To Watch Today: Trent, Cochin Shipyard, Titan, Varun Beverages, Torrent Pharma
Stocks In News On Tuesday
Varun Beverages subsidiary signs ₹305 crore deal to acquire Devyani Food Industries Kenya Assets - Upstox
Varun Beverages subsidiary signs ₹305 crore deal to acquire Devyani Food Industries Kenya AssetsUpstox
Varun Beverages' arm to acquire Devyani Food Industries Kenya business for $32 million
Shares of Varun Beverages Ltd ended at ₹495.70, down by ₹19.45, or 3.78%, on the BSE.
Waka Waka! Indian consumer giants seek to roar louder in Africa
Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a young population and underpenetrated markets, beverages, hair care, and personal care sectors are showing robust growth. Companies, such as GCPL, VBL, Dabur India and Marico are prioritizing local manufacturing and distribution, viewing Africa as a crucial long-term growth engine despite currency volatility and retail fragmentation.
Varun Beverages shares snap four-day losing streak after Investec projects 21% upside
The brokerage said Asahi's global alcoholic beverage portfolio, including brands such as Super Dry, Peroni and ready-to-drink products, could potentially be introduced in India or across Varun Beverages' international markets through a similar operating model.
Stock Picks Today: Havells, Jubilant Food, Nykaa, Varun Beverages, Bajaj Finance, And More On Brokerages' Radar
Brokerages' Radar
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
CLSA prefers food plays: bullish on Nestle, Tata Consumer, Varun Beverages
Aditya Soman, Senior Research Analyst at CLSA India, remains positive on Eternal and DMart, describing them as high-conviction ideas for the firm despite near-term volatility.