Coca-Cola expands customer base in India with affordable products
October 10, 2022

Trending News ☀️
Coca-cola Stock Intrinsic Value – COCA-COLA ($NYSE:KO): The Coca-Cola Company said on Monday that its strategy to widen its consumer base by expanding affordable offerings at key price points helped it expand its customer base in India from January to March. The company said that it had introduced new products in the low- and mid-priced segments in India, which helped it reach more consumers. It added that its focus on increasing distribution and availability of its products had also contributed to its growth in the country. Coca-Cola has been trying to boost its sales in India, where it has been facing stiff competition from local firms such as PepsiCo.
The company said that its investments would be focused on increasing its production capacity, expanding its distribution network and launching new marketing initiatives. It added that it was confident of growing its business in India despite the challenges posed by the current economic environment.
Share Price
Coca-Cola has been looking to expand its customer base in India, and has been doing so by offering affordable products. The move has been paying off, as right now media exposure mostly are positive. On Friday, COCA-COLA stock opened at $55.0 and closed at $54.5, down by 0.9% from prior closing price of 55.0.
VI Analysis – Coca-cola Stock Intrinsic Value
Coca-Cola is one of the world’s most iconic brands and has a strong history of delivering shareholder value. The company’s fundamentals are sound, with a strong balance sheet, reliable cash flow and good profitability. The company’s shares are currently trading at $54.5, which is around 10% below their fair value of $60.9, as calculated by the VI Line. This makes Coca-Cola a good value investment at current levels.
Summary
Coca-Cola is one of the most popular beverages in the world and is expanding its customer base in India with affordable products. Right now, media exposure is mostly positive, with many people praising Coca-Cola for its delicious products and affordable prices.
However, some people are concerned about the health effects of consuming too much sugar. Coca-Cola has responded by developing a variety of sugar-free and low-sugar options. Overall, Coca-Cola is a sound investment, as it is a global brand with a strong presence in India.
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