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Varun Beverages shares: Can they hit four-digit mark as returns recede in shorter time span?

Shares of Varun Beverages Ltd look set to cross the Rs 1,000 mark, thanks to a strong growth momentum amid favourable macroeconomic indicators. Interestingly, the Varun Beverages stock is yet to scale the Rs 1,000 mark despite delivering multibagger returns in two and three years. Shares of Varun Beverages zoomed 202% and 518% in two years and three years, respectively.  

Varun Beverages shares hit record high; is there more steam left in the multibagger stock?

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