Buy United Breweries, price target Rs 1325: CK Narayan

CK Narayan of Chart Advise has a buy call on United Breweries Ltd. with a target price of Rs 1325. The current price of United Breweries Ltd. is Rs 1306. Time period given by the analyst is Intra Day when United Breweries Ltd. price can reach defined target. CK Narayan recommended to keep a stop loss at Rs 1280.

United Breweries Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 34232.53 Crore) operating in Beverages - Alcoholic sector.

United Breweries Ltd. key Products/Revenue Segments include Other Operating Revenue which contributed Rs 172.12 Crore to Sales Value (1.21 % of Total Sales), Scrap which contributed Rs 87.83 Crore to Sales Value (0.62 % of Total Sales), Others which contributed Rs 87.76 Crore to Sales Value (0.62 % of Total Sales), Royalty Income which contributed Rs 10.60 Crore to Sales Value (0.07 % of Total Sales) for the year ending 31-Mar-2019.


For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1579.55 Crore, down 22.94 % from last quarter sales of Rs 2049.75 Crore and up 3.47 % from last year same quarter sales of Rs 1526.55 Crore. Company has reported net profit after tax of Rs 114.78 Crore in latest quarter.