India, May 22 -- The shares of the Large-cap stock specialising in the manufacturing, distribution, and sale of a wide range of beverages, as one of the largest franchisees of PepsiCo, have been in the spotlight in today's trade after the company extended its exclusive bottling and trademark license agreement with PepsiCo Inc.

With a market capitalization of Rs. 1,78,788.17 crores on the day's trade, the shares of Varun Beverages Ltd jumped upto 3.4 percent, making a high of Rs. 538.00 per share compared to its previous closing price of Rs. 520.30 per share.

What Happened Varun Beverages Limited, the largest franchise bottler of PepsiCo outside the US, has extended its exclusive bottling and trademark license agreement with PepsiCo in I...