Buy United Breweries, target Rs 1,045: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on United Breweries with a target price of Rs 1,045.

The current market price of United Breweries is Rs 1,027.60.

Time period given by the analyst is intraday when United Breweries price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 1,015.

United Breweries, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 27,170.27 Crore) operating in Beverages - Alcoholic sector.

The company’s top management includes Mr.A K Ravi Nedungadi, Mr.Chhaganlal Jain, Mr.Christiaan J van Steenbergen, Mr.Chugh Yoginder Pal, Mr.Frans Erik Eusman, Mr.Madhav Bhatkuly, Mr.Shekhar Ramamurthy, Mr.Stephan Gerlich, Mr.Steven Bosch, Mr.Sunil Kumar Alagh, Ms.Kiran Mazumdar Shaw.

Company has S R Batliboi & Associates LLP as its auditors.

As on 30-09-2017, the company has a total of 264,405,149 shares outstanding.