Ubl

Explained: UB's suspension of beer supply in Telangana and consequences

The Telangana government has refused to raise beer prices despite demands from beer manufacturers. In December 2024, Chief Minister Revanth Reddy rejected the request for a price increase of at least Rs 10 per bottle.

LIVE: Will Nifty rebound to 18,200 levels? | Interglobe, USL, SBI in focus | Opening Bell

Markets have witnessed selling pressures for the last 3 consecutive trading sessions. Tailing global cues and on the back of earnings support, will the bulls strike back remains to be seen. The stocks that would hog the limelight include Interglobe Aviation, State Bank of India, United Spirits, Pfizer amongst others. Catch Nickey Mirchandani in conversation with Siddhartha Khemka · VP - Head of Research (Retail) at Motilal Oswal Financial Services Ltd and Aamar Deo Singh. Senior Vice President - Equity, Commodity & Currency at AngelOne

NCLAT upholds Rs 873-crore penalty on United Breweries, other beer makers

The NCLAT also dismissed the submissions made by the beer makers that a CCI order is liable to be set aside in the absence of a judicial member

UBL plans Rs 350 crore capex in 2023 to meet expected volume growth

UBL has reported a 66.94 per cent growth in its consolidated net profit at Rs 134.12 crore in the second quarter that ended September 30, mainly on the back of volume growth.

Beer market gaining prominence in India; would enhance product line, says United Breweries Ltd

The company, which is controlled by Dutch brewing firm Heineken NV, intends to enhance its product line through innovation thus catering to a larger audience.

SEBI exempts Heineken from making an open offer for share buy in UBL

It had sought an exemption from an open offer in its application to SEBI on June 7 and June 20.

ED transfers UBL shares worth over Rs 5,600 crore to recovery officer's demat account

In March 2019, United Breweries informed the stock exchanges that the Debt Recovery Tribunal in Bengaluru had transferred a 2.80 per cent stake worth over Rs 1,025 crore held by Mallya-promoted United Breweries (Holdings) Ltd in the company in its name.

Court allows sale of Mallya's 7.4 mn UBL shares worth Rs 1,000 cr today

United Breweries shares closed over 2 per cent up on the BSE at Rs 1,347.90 Tuesday and the sale of 74,04,932 shares at this price would fetch around Rs 999 crore.

Markets@Moneycontrol: Nifty likely to open lower; crucial support placed around 10,755

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 43 points or 0.40 percent. Nifty futures were trading around 10,748-level on the Singaporean Exchange.

Vijay Mallya may step down as UBL chairman, severing key link with sprawling liquor empire he helped build

United Breweries (UBL) has convinced him to step down from the company board and propose a successor

United Breweries Ltd eyes 25% share in imported beer market in next 18 months

The Bengaluru based company has introduced in India five brands i.e. Sol, Edelweiss, Affligem, Dos Equis and Desperados from Heineken's stable in select cities like Delhi, Mumbai and Hyderabad

UBL in expansion drive on 6% predicted volume growth

United Breweries, one of the oldest players in the market, says it is confident it will continue to hold a lion's share of this expanding market.

Diageo may not recover Rs 900 cr loan from Vijay Mallya co

The world's largest spirits maker, Diageo, which acquired control of United Spirits (USL) in 2012, had issued a guarantee to Standard Chartered Bank for a USD 135 million (around Rs 900 crore) loan to Watson to release certain USL shares that were to be acquired as part of the deal.

Heineken offers to buy out 29% in United Breweries: Sources

Heineken has offered to buy out the 29 percent stake in United Breweries Limited from the UB Group and isÂ seeking to take over management and operational control completely.

United Breweries Q1 net down 4.68% at Rs 122.81 crore

United Breweries Ltd (UBL) on Thursday reported 4.68 percent decline in net profit at Rs 122.81 crore for the first quarter ended June 30, 2015, against Rs 128.84 crore during the same period of the previous fiscal.

Alcoholic Beverages - Sector Update by ICICIdirect.com

United Spirits (USL) has decided to completely sell its existing holding in United Breweries (UBL). Heineken International, which already holds 38.85% in UBL, is slated to be the buyer. With 8.5 million shares, USL held 3.21% in UBL. However, post sale, USL would completely exit UBL, says ICICIdirect.com

United Breweries reports Q4 net profit at Rs 48.13 crore

It had posted a net profit of Rs 67.71 crore in the January-March quarter of 2013-14, the company said in a filing to the BSE.

Buy United Breweries; target of Rs 1095: ICICIdirect

ICICIdirect.com has recommended to buy United Breweries in range of Rs 905-925 for the target price of Rs 1095 with a stop loss of Rs 820, in its research report dated January 15, 2015.

SP Tulsian bullish on United Breweries

SP Tulsian of sptulsian.com is bullish on United Breweries. â€œOne may keep the long position for December-January series or remain as an investor,â€ he adds.

Buy Dabur, Indian Hotels, Motherson Sumi: Subramanium

Krish Subramanium of Asit C Mehta Invstt Intermediates recommends buying Dabur India for a target of Rs 173 and Indian Hotels Company for a target of Rs 58.

Heineken hikes stakes in UBL, becomes biggest shareholder

Heineken & United group have been co-promoters of United Breweries limited since 2008 when the two signed an agreement to jointly sell imported beer in India. As of September 2013, Heineken held 37.57 percent stake in United breweries limited and UB group held 37.35 percent.