 "United Breweries dips 6% intra-day on profit booking after huge block deals")
Shares of United Breweries slipped 6 per cent in intra-day trade on Wednesday after nearly 40 million equity shares of the company changed hands via block deals on the BSE.
The stock of the breweries and distilleries company hit an intra-day low of Rs 1,410.90, falling 6 per cent from its 52-week high of Rs 1,497.65 touched earlier today. At 09:34 am, the stock was trading 1.5 per cent lower at Rs 1,433.70, as compared to a 0.09 per cent gain in the S&P BSE Sensex.
Around 39.76 million shares, representing around 15 per cent of total equity of United
