Varun Beverages maintains strong growth trajectory in March quarter

Stock has gained 1.3 times in the last one year crossing the Rs 1 trillion mark in m-cap

The stock of Varun Beverages (VBL) was up 6.8 per cent in trade on Wednesday after a strong March quarter (Q4) performance, robust outlook and revision in profit estimates going ahead. The stock is one of the best performers in the consumer space as well as the BSE 200 of which it is a constituent. It has logged gains of 130 per cent over the past year, with 41 per cent contribution coming in the last 6 months. The stock is now part of the trillion rupee club with its market capitalisation at Rs 1.04 trillion.

The outperformance in the