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CRISIL Upgrades Credit Rating for Varun Beverages Ltd.

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CRISIL Upgrades Credit Rating for Varun Beverages Ltd.

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An update from Varun Beverages Ltd. ( (IN:VBL) ) is now available.

Varun Beverages Ltd. announced that CRISIL has upgraded its credit rating from ‘CRISIL AA+/Stable’ to ‘CRISIL AAA/Stable’. This upgrade reflects positively on the company’s financial stability and could enhance its market standing, potentially impacting investor confidence and stakeholder relations.

More about Varun Beverages Ltd.

Varun Beverages Ltd. operates in the beverage industry, primarily involved in the production and distribution of carbonated soft drinks and non-carbonated beverages. The company is a key player in the market with a significant focus on expanding its beverage portfolio and market presence.

YTD Price Performance: -27.07%

Average Trading Volume: 215,712

Current Market Cap: 1604.4B INR

See more insights into VBL stock on TipRanks’ Stock Analysis page.

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