Buy United Breweries, target Rs 1225: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on United Breweries Ltd. with a target price of Rs 1225. The current market price of United Breweries Ltd. is Rs 1195. The time period given by the analyst is Intra Day when United Breweries Ltd. price can reach defined target. Dr CK Narayan recommended to keep stop loss at Rs 1180.

United Breweries Ltd., incorporated in the year 1999, is a large-cap company (having a market cap of Rs 31596.42 crore) operating in beverages - alcoholic sector.

United Breweries Ltd. key products/revenue segments include Beer which contributed Rs 9938.95 Crore to Sales Value (97.17 % of Total Sales), Other Operating Revenue which contributed Rs 216.39 Crore to Sales Value (2.11 % of Total Sales), Malt which contributed Rs 65.31 Crore to Sales Value (0.63 % of Total Sales) and Royalty Income which contributed Rs 7.51 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2017.


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 31-03-2018, the company has a total of 264,405,149 shares outstanding.