Varun Beverages part of trillion-rupee club; growth strong across regions

Growth options of bottling company will help sustain current pace

Since its results, the stock of bottling and beverage distribution company Varun Beverages (VBL) is up 7 per cent on the back of a strong 2022-23 January-March quarter performance, robust outlook, and revision in profit estimates.

Given the sharp uptick, it is now part of the trillion-rupee club, with its market capitalisation at Rs 1.01 trillion. The stock is one of the best performers in the consumer space as well as the S&P BSE 200, of which it is a constituent. It has logged gains of 120 per cent over the past year, with 42 per cent contribution coming in