Page 7 - United Breweries

United Breweries: Re-opening of bars, cash reserves augur well for the stk

Analysts at ICICI Securities believe that apart from re-opening of the economy and the subsequent business revival in the medium-to-long term, the company's virtual debt-free status provides comfort

Trying to position beer as a home consumption drink: United Breweries MD

In a Q&A, Rishi Pardal says he is happy some states hace rolled back liquor tax, and thar hus firm is positioning beer as a home drink even as it waits for bars to reopen

Covid-19 impact: United Breweries posts Q1 net loss of Rs 114.5 crore

Beer maker United Breweries Ltd on Friday reported a consolidated net loss of Rs 114.50 crore for the first quarter ended June 30, on account of decline in sales due to the pandemic. The company had posted a net profit of Rs 164.69 crore during the April-June quarter of the previous fiscal,United Breweries Ltd (UBL) said in a regulatory filing. Its revenue from operations slipped 73.17 per cent to Rs 1,262.82 crore during the quarter under review, as against Rs 4,708.42 crore in the corresponding period previous fiscal. UBL's total expenses declined 68.21 per cent to Rs 1,416.43 crore in Q1 FY21, compared to Rs 4,456.25 crore a year ago. According to the company, "its peak season was adversely affected by the pandemic" asthe COVID-19 lockdown led to complete closure of all outlets. "The primary volumes for the quarter in comparison to the corresponding quarter of the previous year were down 77 per cent," said UBL. Its revenue from beer segment fell 73.30 per cent to Rs 1,255.67 c

Investors shouldn't ignore downside risks, high valuations of UBL

Loss of peak season sales suggests tough recovery

United Breweries' outperformance unlikely to sustain in the near term

Loss of business in peak season, higher consumption cost and lower shelf life to make recovery tougher than United Spirits

Nifty must hold 9,900 to move towards 10,500-10,700: Sameet Chavan

We could see contribution from the broader market too in the coming days

Liquor stocks fall for second straight day as some states hike excise duty

United Breweries, Radico Khaitan, United Spirits, GM Breweries, Associated Alcohols & Breweries and Globus Spirits declined between 3 per cent and 7 per cent on the BSE

Shutters up: From Radico to United Breweries, liquor stocks in high spirits

Analysts say alcohol sales could be an early beneficiary of overall recovery

United Breweries posts Q3 net profit at Rs 107 cr, income rises marginally

Shares of United Breweries closed at Rs 1,342.95 per scrip on BSE, up 2.10 per cent from its previous close

Nifty view and top trading ideas by CapitalVia Global Research: Buy UBL

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Dutch brewing giant Heineken likely to raise stake in United Breweries

Banks have got court nod to liquidate assets

United Breweries posts 29% decline in Q2 net profit at Rs 114.78 crore

In terms of volume, strong beer sales grew in high single digits, but that of mild beer was flat

AB InBev, Carlsberg, United Breweries colluded to fix beer prices: Report

CCI launched the investigation after AB InBev told the watchdog it had detected an industry cartel, leading in 2018 to dawn raids at the three brewers' offices to collect evidence

Nifty outlook and top stock picks by Angel Broking; Buy UBL, Jindal Steel

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd

Bird faeces on packages in United Breweries warehouse, says USFDA

None of the pest control records addressed the issue of birds

Controlling cost: United Breweries Q3 profit jumps to Rs 109 crore

Total income during the third quarter of the current financial year stood at Rs 3,190.5 crore, up 22.19%, as compared with Rs 2,610.9 crore in the year-ago quarter

United Breweries hits record high on hopes of strong Q3 results

The stock hit a new high of Rs 1,465, up 4% and surpassed its previous high of Rs 1,464, recorded on September 28, 2018 in the intra-day trade.

Liquor stocks in focus; United Breweries, Globus Spirits up over 5%

Pioneer Distilleries, Radico Khaitan and United Spirits were up in the range of 2% to 4% on the BSE, as compared to 0.13% rise in S&P BSE Sensex.

United Breweries Q2 profit up 74% to Rs 1.63 bn on volume, pricing growth

UBL's total expenses stood at Rs 30.83 billion as against Rs 25.97 billion, up 18.72%

United Breweries hits record high; up 12% in one week

The stock hit a record high of Rs 1,464, outperforming the market by gaining 12% during the current week, as compared to a 1.2% decline in the S&P BSE Sensex.