Upside seen is quite limited in UB Group stocks: Ambareesh Baliga

In a chat with ET Now, Ambareesh Baliga, Market Expert, shares his views on United Breweries Group stocks.

In a chat with ET Now, Ambareesh Baliga, Market Expert, shares his views on UB Group stocks.

ET Now: What is the call on UB Group stocks?

Ambareesh Baliga:
It has already run up quite a lot and people are just waiting for the announcement of the strategic stake sale. But the upside is quite limited because the best possible price that people are talking of United Spirits is anywhere between Rs 1400 and Rs 1500 as a deal price.

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