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    HomeNewsBusinessMarketsCash Market | A high probability buying trade in United Spirits (Mcdowell)

    Cash Market | A high probability buying trade in United Spirits (Mcdowell)

    A range breakout in RSI supports the change in momentum indicates an up move in United Spirits (Mcdowell)

    Moneycontrol Contributor
    March 15, 2023 / 06:59 IST
    United Breweries | CMP: Rs 1,480.65 | The stock was down over 4 percent after the firm posted loss of Rs 2.1 crore for December FY23 quarter, against profit of Rs 90.56 crore in same period last year, impacted by weak operating performance and exceptional loss of Rs 33.12 crore. Revenue for the quarter at Rs 1,611 crore grew by 1.9% over a year-ago period. On the operating front, EBITDA fell 54% YoY to Rs 76.65 crore and margin plunged 623 bps to 4.75% in the same period. Numbers missed analysts' expectations.
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