Varun Beverages – Sector: FMCG/Beverages Breakout Trigger:

stock hit new highs after record Q1 volumes and aggressive expansion of bottling plants across India. Long-Term Opportunity: With rising demand for packaged beverages and exclusive rights for PepsiCo in several geographies, VBL is a major growth play in FMCG. Learning Point: Consumer-driven businesses with exclusive distribution rights and scale benefits are resilient long-term investments.