Varun Beverages a solid long-term play, says investment advisor
Varun Beverages (VBL) has been in a downtrend, losing nearly 20% in the last six months. One of the largest beverage companies in India and the official bottler of PepsiCo products in multiple territories, the stock is trading below its historical price-to-earnings (P/E) average, presenting a potential buying opportunity, according to SEBI-registered investment advisor Wealth Wishers.