Analyst Consensus (1 calls)
Leading brokerage firms are signaling optimism for a select group of Indian equities, with Varun Beverages [VBL] and Sun Pharmaceutical Industries [SUNPHARMA] highlighted for their potential to deliver 10-20% returns by 2026.
Shares of Varun Beverages [VBL] have seen a significant jump following strong recent quarterly results, prompting leading brokerages like Jefferies and Motilal Oswal to maintain a bullish outlook.
Indian equity markets closed higher on Monday, with the Nifty index gaining 0.8%. Analysts foresee a continued gradual upward trend, driven by positive global sentiment and sector-specific developments in renewable energy, metals, and summer-related industries.
Following a Nifty rebound, market analysts are recommending Varun Beverages and JSW Energy for potential short-term gains, citing bullish technical indicators.
Varun Beverages [VBL], a prominent PepsiCo bottler, reported a strong first-quarter performance with consolidated net profit surging by 20% year-on-year, alongside an 18% rise in revenue.