India, Dec. 23 -- The shares of the Large-cap stock specialising in the manufacturing, distribution, and sale of a wide range of beverages, as one of the largest franchisees of PepsiCo, have been in the spotlight following their latest updates and Buy Target by Citi.

With a market capitalization of Rs. 1,62,792.03 crores on Tuesday, the shares of Varun Beverages Ltd jumped upto 0.6 percent, making a high of Rs. 489.00 per share compared to its previous closing price of Rs. 485.70 per share.

What Happened Varun Beverages Ltd, engaged in the manufacturing, distribution, and sale of a wide range of beverages, as one of the largest franchisees of PepsiCo, is in focus following the recent company update on acquisition and buy target by a lea...