India, Sept. 10 -- The shares of the Large-cap company, which specialises in end-to-end manufacturing, bottling, and distribution of beverages under trademarks owned by PepsiCo, are in focus after Kotak Securities set a target with upside potential of up upto 31 percent from the previous day's close.

With a market capitalisation of Rs. 1,37,632.50 crore in the day's trade, the shares of Varun Beverages Ltd rose upto 2.2 percent, making a high of Rs. 415.20, compared to the previous close of Rs. 406.00.

What Happened Varun Beverages Ltd shares are in the spotlight after an Indian brokerage firm, Kotak Securities, initiated a "BUY" rating on the stock and set a target price of Rs. 530. The target implies an upside potential of around 30....