Fundamental Analysis of Varun Beverages – Financials & More Details
Trade Brains
MAY 22, 2023
The company entered into a bottling and trademark licensing agreement with PepsiCo to sell carbonated beverages in India. Bottled drinking water is the second largest division fetching 23% of the sales. The balance came from the sale of non-carbonated drinks such as milkshakes, juices, etc. of the total income. Debt to Equity 0.7
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