SP Tulsian of sptulsian.com told CNBC-TV18, "Overall view is quite positive on United Spirits, but in this run up I expect that may be some profit booking will come at Rs 2500-2550. The surprise element has been United Breweries. That stock has been going up for last whole one week – from Rs 650 and now has broken Rs 800."
"The third stock which of the UB Group is Mangalore Chemicals that has been continuously going up for last one week and it has moved from a level of Rs 42-43 to a level of Rs 55 with delivery based buying. So, the stake sale is likely in case of Mangalore Chemicals," Tulsian said. Also Read: Morgan Stanley buys United Spirits' shares worth Rs 229 cr
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