Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1311.90
Change Change %
4.25 0.33%

Updated:21 Sep, 2018, 15:55 PM IST

BSE
1308.85
Change Change %
0.25 0.02%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
23-09-2015 Sell 847.25 587.00
N/A
Closed Custom
23-09-2016

Nirmal Bang Retains Sell on United Breweries

Two of the world's largest brewers - AB Inbev and SAB Miller - may merge. SAB Miller has a 23 per cent market share in India and AB Inbev has less than 2 per cent share. A potential deal globally will give their Indian entities access to breweries across various states and a much wider brand portfolio. UB is the most expensive beer stock in the world, with RoCE expected at less than 12 per cent even in FY17. Sell with a target price of Rs 587.

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