Stocks to buy, March 18 -- Shares of Varun Beverages, one of the largest franchisees of PepsiCo in the world (outside the USA), have been trending higher in recent trading sessions, with the scrip rising another 5% today, March 18, to hit a four-week high of Rs.532.20 per share. This brings the stock's monthly gain to 21.16% so far.

The sharp pullback, after being under pressure for the past two months, comes as analysts maintained their positive outlook on the stock. They noted that the recent correction has made valuations more reasonable and suggested that investors use the dip as a buying opportunity.

Additionally, with the summer season expected to arrive early, demand for cold beverages is likely to see a strong boost, benefiting ...