Shares of were trading at ₹407.20, down ₹7.90 or 1.90 per cent, as of 10.34 am on Thursday, March 19, 2026 — opening at ₹410.25 against a previous close of ₹415.10, with an intraday range of ₹405.60–₹410.45.
On March 18, the company confirmed it had completed acquisition of 100 per cent stake in Twizza Proprietary Ltd through its South African subsidiary, The Beverage Company Proprietary Ltd (Bevco), at an enterprise value of ZAR 2,053 million (approximately ₹11,398 million). Twizza is now a step-down subsidiary of Varun Beverages.
A day earlier, on March 17, Bevco signed an agreement to acquire 100 per cent equity in Crickley Dairy Proprietary Ltd for an enterprise value of ZAR 238 million (approximately ₹1,315 million), subject to South African regulatory approvals. The Crickley deal marks VBL’s entry into value-added dairy and juice-based drinks — a diversification from its core PepsiCo franchise business.
Jefferies has maintained a buy call on the stock, though it trimmed its target price to ₹550. The 52-week high stands at ₹568.50, while the 52-week low is ₹400.45, putting the current price uncomfortably close to the lower end. The stock is down roughly 8 per cent in March.