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A coffee producer and exporter is the newest purchase made by SBI Mutual Fund; Details here
Shares of Vintage Coffee and Beverages ended 2.7% higher on Thursday at ₹160.4. The stock has been an underperformer, having gained only 15% in the last five years. Over the last 12 months, the stock has risen 34%.
A new-age thirst for beverages is emerging as a key force in India's consumer goods market
Beverage industry in India: Indian companies are seeing strong growth in drinks like coffee, ready-to-drink options, and protein beverages. Younger consumers are driving this trend, seeking convenience and health. Companies are expanding their offerings to meet this demand. This shift presents significant opportunities for future expansion in the Indian beverage market.
Stocks to Watch Today: Dabur India, Sagility, GNG Electronics, Lenskart Solutions, Hexagon Nutrition, GenXAI Analytics, Vedanta in focus on 12 June
Stocks to Watch, 12 Jun: Stocks like Dabur India, Vedanta, State Bank of India, JK Paper, Sagility, Lenskart Solutions, GNG Electronics, Vintage Coffee and Beverages, Hexagon Nutrition, and GenXAI Analytics will be in focus on June 12.