Varun Beverages - Sharp Recovery Paving Way For Growth: Motilal Oswal 

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Motilal Oswal Report

Varun Beverages Ltd. has multiple levers in place to drive its long-term growth strategy. We expect volumes to bounce back and support its overall growth led by -

1. faster recovery of the business in the backdrop of the Covid-19 pandemic,

2. strong demand traction across geographies and product segments,

3. a gradual gain in market share, with increased penetration, and

4. ramp-up of operations in new regions (South and West India).

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