
Varun Beverages Stock Sees Price Target Cut As Analysts Flag Slowdown Concerns
Varun Beverages, India’s leading PepsiCo bottler, has witnessed a downward revision in its price target by several brokerages amid rising concerns over a demand slowdown in the beverages segment. The FMCG major, which has been on a consistent growth trajectory, is facing near-term headwinds due to a weaker-than-expected start to the summer season and softer…