Sell United Breweries, target Rs 895: Rakesh Bansal

Sell United Breweries Ltd. at a price target of Rs 895.0 and a stop loss at Rs 1020 from entry point.

Rakesh Bansal of R K Global has a sell call on United Breweries with a target price of Rs 895.

The current market price of United Breweries is Rs 965.85.

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


Rakesh Bansal recommended to keep a stop loss at Rs 1,020.


United Breweries, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 25,537.57 Crore) operating in Beverages - Alcoholic sector.
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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 31-12-2017, the company has a total of 264,405,149 shares outstanding.
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