Jubilant FoodWorks falls after Coke bottler deal
Financial Express Kochi|December 13, 2024
SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).
- VIVEAT SUSAN PINTO Mumbai, December 12

The investor thumbs-down, say experts, highlights the competitive challenges ahead for the new player.

While fizzy drinks are growing as a category, according to Kantar data, the acquisition may intensify competition for players like Ravi Jaipuria-led Varun Beverages, PepsiCo's largest bottler outside the US.

この蚘事は Financial Express Kochi の December 13, 2024 版に掲茉されおいたす。

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この蚘事は Financial Express Kochi の December 13, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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