United Breweries Ltd extends losses

Capital Market 

United Breweries Ltd is quoting at Rs 1080.7, down 0.12% on the day as on 13:24 IST on the NSE. The stock tumbled 21.58% in last one year as compared to a 11.55% slide in NIFTY and a 12.33% fall in the Nifty FMCG index.

United Breweries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1080.7, down 0.12% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 4.62% on the day, quoting at 10033.05. The Sensex is at 34262.79, up 4.53%.United Breweries Ltd has eased around 15.99% in last one month.Meanwhile, Nifty FMCG index of which United Breweries Ltd is a constituent, has eased around 12.84% in last one month and is currently quoting at 26083, up 2.41% on the day. The volume in the stock stood at 5.98 lakh shares today, compared to the daily average of 4.49 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1077, up 2.3% on the day. United Breweries Ltd tumbled 21.58% in last one year as compared to a 11.55% slide in NIFTY and a 12.33% fall in the Nifty FMCG index.

The PE of the stock is 63.03 based on TTM earnings ending December 19.

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First Published: Fri, March 13 2020. 13:35 IST