Shares of fast moving consumer goods (FMCG) companies were trading lower in an otherwise firm market with prominent stocks like Hindustan Unilever (HUL), Dabur India, Colgate-Palmolive (India) and United Breweries from the index hit their respective 52-week lows on the BSE in intra-day trade. (more…)
Don’t like beer for its bitter taste? India’s largest beer maker is offering a choice to consumers who can’t stand the brew. United Breweries Ltd has just launched a malt-based alcopop—called the Kingfisher Buzz—that aims to take on the Bacardi Breezer, a fruit wine-based drink much favoured by young women. (more…)
ICICI Bank, the country’s largest private sector lender, today picked up 19.58 lakh shares of United Breweries Limited for a little over Rs 186 crore through an open market transaction. (more…)
Shares of liquor companies such as United Spirits, United Breweries, Tilaknagar Industries, Jagatjit Industries, Empee Distilleries and Pincon Spirit fell 0.5-2.5 per cent, after the Supreme Court upheld Kerala’s policy to go “dry” in 10 years. (more…)
Liquor firm United Breweries Ltd (UBL) today reported a 28.04 per cent decline in standalone net profit at Rs 39.94 crore for the third quarter ended December 31, 2014. (more…)
