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Indian-Commodity  :  Equity & Shares  :  United Breweries surges on reporting 20% rise in Q1 net profit

United Breweries surges on reporting 20% rise in Q1 net profit (17-Aug-2016)

United Breweries is currently trading at Rs. 806.30, up by 10.25 points or 1.29% from its previous closing of Rs. 796.05 on the BSE.

The scrip opened at Rs. 809.50 and has touched a high and low of Rs. 809.50 and Rs. 800.00 respectively. So far 14369 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1014.00 on 04-Nov-2015 and a 52 week low of Rs. 690.00 on 24-May-2016.

Last one week high and low of the scrip stood at Rs. 847.15 and Rs. 779.20 respectively. The current market cap of the company is Rs. 21280.65 crore.

The promoters holding in the company stood at 73.89%, while institutions and non-institutions held 20.40% and 5.71% respectively.

United Breweries has registered 20.40% rise in its net profit at Rs 147.06 crore for the quarter as compared to Rs 122.14 crore for the same quarter in the previous year. Total income of the company increased by 7.30% at Rs 1576.83 crore for quarter under review as compared to Rs 1469.58 crore for the quarter ended June 30, 2015.

United Breweries is maker of Kingfisher beer and Heineken beer in India. Its flagship brand 'Kingfisher' is currently available in 52 countries and leads the way amongst Indian beers in the International market.


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