Latest news with #VarunBeveragesLimited
Time of India
09-07-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for July 9, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, AAVAS Financiers, Jyothy Labs, and Varun Beverages Limited (VBL) are the top stocks to buy today: AAVAS Financiers – Consolidation with Strong Base Formation Buy near ₹1900 | SL: ₹1700 | Target: ₹2300 AAVAS has been in a prolonged consolidation phase with a clearly defined base around ₹1700. The broader trend remains strong, and despite volatility, no major breakdown has been witnessed in the last couple of years. Multiple base formations suggest strong support, offering a favorable risk-reward. The April high near ₹2250 could be breached in the coming weeks, opening potential towards ₹2300. Jyothy Labs – Breakout After Double Bottom Buy near ₹355 | SL: ₹335 | Target: ₹395 Jyothy Labs has confirmed a double bottom around ₹315, followed by a breakout on strong volumes in the recent session. This move signals a potential trend reversal. The stock now looks well-positioned for a short-term pullback. With the 200-DMA placed near ₹400, the stock could attempt to retest those levels. Buying is advised with a target of ₹395. VBL – Oversold Bounce with Double Bottom Setup Buy near ₹460 | SL: ₹450 | Target: ₹490 Varun Beverages Limited appears deeply oversold across daily and intraday timeframes. A double bottom formation near ₹440, along with a fresh intraday breakout, suggests a near-term reversal. The setup favors a short-term bounce toward ₹490. Accumulate with a tight stop. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
08-07-2025
- Business
- Time of India
Top stocks to buy today: Stock market recommendations for July 8, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Jio Finance, and Varun Beverages Limited (VBL) are the top stocks to buy today: Jio Finance – Buy in the range between Rs 326 & Rs 330; Stop Loss: Rs 319; Target Rs 345 Jio Finance has formed a flag pattern and is expected to break out on the upside. Momentum indicators have also given a positive crossover above the zero line. The stock has been consolidating in a broad range since last week and has closed above 10 daily moving average i.e. 320, resuming the uptrend today. The stock is expected to continue the uptrend till the previous swing high i.e. 345. Key resistance is 332 & 345 and support is at 323 and 319. VBL – Buy in the range between Rs 462 & Rs 466; Stop Loss: Rs 449; Target: Rs 493 Varun Beverages Limited has broken out of an Ending Diagonal pattern and has resumed the uptrend. The stock has been consolidating since last month and has taken support at the lower end of the Bollinger band i.e. 445. Momentum indicator has given positive crossover below the zero line. The stock is expected to continue the uptrend till the previous swing high i.e. 493. Key resistance is at 475 & 493 and support is at 458 and 449. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Business Upturn
29-05-2025
- Business
- Business Upturn
Varun Beverages begins commercial production at new Meghalaya facility
By News Desk Published on May 29, 2025, 07:08 IST Varun Beverages Limited (VBL) has commenced commercial production of carbonated soft drinks and juice-based beverages at its new facility located in Mendipathar, Meghalaya, the company informed stock exchanges on Thursday. The production began on the night of May 28, 2025, at 10:35 PM, marking a significant operational expansion for one of the largest franchisees of PepsiCo beverages in India. In an official filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that the new plant is now operational and will manufacture both carbonated drinks and juice-based products, catering to demand in the northeastern region. The update has also been made available on the company's official website — This development is expected to strengthen VBL's regional supply chain footprint, improve logistics efficiency, and support its growth strategy in underserved and high-potential markets across Northeast India. News desk at
Time of India
25-05-2025
- Business
- Time of India
Proposal for establishment of Medanta Hospital and Varun Beverages plant in Chhattisgarh; Investors meet Chief Minister
New Delhi: In a significant step towards major investments in the healthcare and industrial sectors of Chhattisgarh, two prominent industrial groups met with Chief Minister Shri Vishnu Dev Sai at Chhattisgarh Bhavan in Delhi on Saturday. Dr. Naresh Trehan, founder of Medanta Hospital and a renowned cardiologist, proposed the establishment of a state-of-the-art multi-speciality hospital in Raipur. He informed that an investment of approximately Rs 500 crore is planned for this project. The hospital will be equipped with advanced medical technology, expert doctors, research, and training facilities. Meanwhile, Ravi Jaipuria, Chairman of Varun Beverages Limited, proposed setting up a carbonated soft drinks and fruit juice manufacturing plant in Raipur, involving an investment exceeding Rs 250 crore. This project is expected to accelerate industrial growth in the state as well as generate employment opportunities. Chief Minister Vishnu Dev Sai welcomed both proposals and assured that the Government of Chhattisgarh will provide every possible support for quality investments in sectors such as healthcare and industry. He stated that the state government will consider these projects earnestly and extend all necessary assistance, which will benefit the public and open new avenues of employment for the youth.
India Gazette
25-05-2025
- Business
- India Gazette
Chhattisgarh: Villagers in Balrampur rejoice as demand for water resolved within a day on CM Sai's direction
Balrampur (Chhattisgarh) [India], May 25 (ANI): Villagers in Balrampur's Pahadi Korwa Basti in Chhattisgarh rejoiced as their demand for water was resolved within a day with a new borewell installation. The development comes after State Chief Minister Vishnu Deo Sai conducted a surprise visit to the village under the Sushasan Tihar scheme on Wednesday. District CEO Sanjay Dubey said, 'Sushasan Tihar is being run in the state as per the directions of the Chief Minister. As part of the same, the CM was inspecting a village and the main demand of the villagers was water. Then, the borewell facility was provided under the orders of the CM and the villagers are getting adequate water from it.' A villager said that the Chief Minister had visited the place and asked the villagers about the problems they were facing. A local said, 'Villagers said that there was a scarcity of water. After the installation of a borewell, we got relief from the water issue in the village. Earlier, there were too many problems, but now it is solved.' On Saturday, two prominent industrial groups met with Chief Minister Vishnu Dev Sai at Chhattisgarh Bhavan in New Delhi . Dr. Naresh Trehan, founder of Medanta Hospital and a renowned cardiologist, proposed the establishment of a state-of-the-art multi-speciality hospital in Raipur. He informed that an investment of approximately Rs 500 crore is planned for this project. The hospital will be equipped with advanced medical technology, expert doctors, research, and training facilities. Meanwhile, Ravi Jaipuria, Chairman of Varun Beverages Limited, proposed setting up a carbonated soft drinks and fruit juice manufacturing plant in Raipur, involving an investment exceeding Rs 250 crore. This project is expected to accelerate industrial growth in the state as well as generate employment opportunities. Chief Minister Vishnu Dev Sai welcomed both proposals and assured that the Government of Chhattisgarh will provide every possible support for quality investments in sectors such as healthcare and industry. He stated that the state government will consider these projects earnestly and extend all necessary assistance, which will benefit the public and open new avenues of employment for the youth. (ANI)
