Yes Securities has buy call on United Breweries with a target price of Rs 1290. The current market price of United Breweries Ltd. is Rs 1248.3.
United Breweries Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 32688.41 Crore) operating in Beverages - Alcoholic sector.
Financials
For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 1295.77 Crore, up 38.98 % from last quarter Total Income of Rs 932.34 Crore and down -11.15 % from last year same quarter Total Income of Rs 1458.37 Crore. Company reported net profit after tax of Rs 127.19 Crore in latest quarter.
Investment Rationale
Post 13% decline in the prior month, the stock is gradually gaining positive traction. Positive follow-up through could lift the stock till 1300 zone.
Promoter/FII Holdings
Promoters held 57.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 10.7 per cent, DIIs 8.9 per cent and public and others 22.7 per cent.
United Breweries Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 32688.41 Crore) operating in Beverages - Alcoholic sector.
Financials
For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 1295.77 Crore, up 38.98 % from last quarter Total Income of Rs 932.34 Crore and down -11.15 % from last year same quarter Total Income of Rs 1458.37 Crore. Company reported net profit after tax of Rs 127.19 Crore in latest quarter.
Investment Rationale
Post 13% decline in the prior month, the stock is gradually gaining positive traction. Positive follow-up through could lift the stock till 1300 zone.
Promoter/FII Holdings
Promoters held 57.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 10.7 per cent, DIIs 8.9 per cent and public and others 22.7 per cent.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
