Varun Beverages arm to acquire 100% stake in South Africa’s Crickley Dairy for ₹131 crore

Shares of Varun Beverages Ltd ended at ₹406.50, down by ₹1.00, or 0.25%, on the BSE. On Monday (March 16), brokerage firm BoFA Securities maintained its ‘buy’ rating on Varun Beverages, along with a price target of ₹550, which implies an upside potential of up to 40% from Friday’s closing levels.

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