Press "Enter" to skip to content

Buy United Breweries, price target Rs 1325: CK Narayan

The analyst suggested a stop loss at Rs 1285.

ETMarkets.com|

Updated: Dec 26, 2019, 12.13 PM IST

Getty Images

Buy & sell

Company Summary

ADD TO PORTFOLIO

ADD TO WATCHLIST

SHARE YOUR OULOOK

ChartsValuation & Peer ComparisonCommunity Buzz

PEER COMPANIES

CK Narayan of Chart Advise has a buy call on United Breweries Ltd. with a target price of Rs 1325. The current price of United Breweries Ltd. is Rs 1280.5. CK Narayan recommended to keep a stop loss at Rs 1285.

United Breweries Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 34356.81 Crore) operating in Beverages – Alcoholic sector.

United Breweries Ltd. key Products/Revenue Segments include Beer which contributed Rs 13770.43 Crore to Sales Value (97.40 % of Total Sales), Other Operating Revenue which contributed Rs 172.12 Crore to Sales Value (1.21 % of Total Sales), Scrap which contributed Rs 87.83 Crore to Sales Value (0.62 % of Total Sales).

Others which contributed Rs 87.76 Crore to Sales Value (0.62 % of Total Sales), Royalty Income which contributed Rs 10.60 Crore to Sales Value (0.07 % of Total Sales) and Non-Alcoholic Beverages which contributed Rs 8.08 Crore to Sales Value (0.05 % of Total Sales) for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1579.55 Crore, down 22.94 % from last quarter sales of Rs 2049.75 Crore and up 3.47 % from last year same quarter sales of Rs 1526.55 Crore. Company has reported net profit after tax of Rs 114.78 Crore in latest quarter.

Read more on

Also Read

Buy Biocon, target Rs 274: CK Narayan

Buy Biocon, target Rs 273: CK Narayan

Buy Escorts, target Rs 690: CK Narayan

Buy Voltas, target Rs 710: CK Narayan

Buy ITC, target Rs 272: CK Narayan

Commenting feature is disabled in your country/region.

Disclaimer: This recommendation is analyst’s own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

Source: Economic Times