UBL To Have More Flavours In Kingfisher Buzz

United Breweries, the Beer maker which today launched its malt-based beverage 'Kingfisher Buzz' in Delhi, would introduce different flavours in its ready-to-drink (RTD) product. The company anticipates Kingfisher Buzz to have a pan India presence in the coming 12 to 18 months and is working on new flavours as well.  

At prsent, the company has introduced Kingfisher Buzz at few markets of Mumbai, Pune, Goa and Banagaluru. Kingfisher Buzz will be in direct competition with Bacardi Breezer, which is a market champion in the sector with around 95 per cent market share and comes in eight flavours. They believe that the RTD market would grow. Presently this is anticipated to be around 2.5 million cases and is growing with single digit, said Samar Singh  Sheikhawat, UBL Senior VP Marketing added. Kingfisher Buzz is at present available in two flavours - berry and lychee.

This morning saw UBL share price rolled below 1 per cent. The stock opened at Rs. 961.30 as compared to its previous closing at Rs. 962.30. The stock touched the days high and low at Rs. 965.90 and Rs.942.30. Till now, around 3,02,765 shares were traded in the counter with a traded value of Rs. 2,884.59, as per NSE. Yesterday, the stock saw a spurt in volume by more than 1.04 times.

The 52 week high of UBL share price is observed at Rs. 1,014.95 on 4^th Nov ‘15 while the 52 week low is seen at Rs. 690.00 on 24^th May ‘16. The Average Daily Movement of the stock is 26.21 and its average volume for last 20 days is 679352. The stock yields 18.06 per cent monthly returns and has the PE ratio of 86.23. The market cap of the company amounts to Rs. 25443.71 (Cr) and has a book value of Rs. 79.76

UBL is identified by Dynamic Levels as the top 500 performing stocks for the June quarter amongst the 1700 stocks listed on the NSE.  UBL is fundamentally strong and is safe for investment, according to Dynamic analysts.

In order to know more about the support and resistance levels of the stock and also its fundamentals and financials, please a pay a visit to UBL share price history.

UBL Share Price climbed Sharply by 5% Today

UBL share price rose more than 5 per cent this morning. The stock opened at Rs 845.70 against its previous closing seen at Rs 828.75. The stock made an intraday high and intraday low of Rs 884.75 and Rs 835.65 respectively.

UBL share price is currently trading at Rs 873.95, up by 5.45 per cent.

A total of 13,65,342 shares of the Company have exchanged hands on the counter of NSE in today’s trading session aggregating to a total value of Rs 11,766.93 lacs. The 52 week high of the share is Rs 1,014.95 made on 4th November 2015 and the 52 week low is Rs 690.00 made on 24th May 2016.

Earlier according to news on 16^th September 2016 around 1.86 million equity shares representing 0.70 per cent of total equity changed hands at a price of Rs 837.35 per share, the BSE data shows.

Devi Investments Pvt Ltd, a promoter group company, held 1.86 million shares or 0.70 per cent stake in United Breweries as on June 30^th, 2016, the shareholding pattern data shows. Dutch beer maker Heineken increased its stake in United Breweries by buying shares in the open market in past, the bulk deal data shows.

Fundamental of UBL

• Face Value - Re 1
• Life Time high - Rs 1226.00 made on 17th April 2015
• Life Time low - Rs 63.05 made on 15th January 2009
• Average Daily Movement [ADM] - 25.82
• 1 Month Return - 4.85 per cent
• P/E Ratio - 68.47
• Book Value - 79.76
• Market Cap - Rs 21912.58 crore
• Promoter holding pledged - 19.69 per cent

Share Holding pattern

• Promoter and Promoter Group (%) - 73.89 per cent
• Institutions (%) - 20.40 per cent
• Non-Institutions (%) - 5.71 per cent
• Total no. of shares - 26.44 crores

Get the important support and resistance levels of the share at UBL share price forecast.

UBL's Q1 Net Profit Soars 20.4% To Rs 147 Crores

UBL share price rose by nearly 1.22% per cent this morning. The stock opened at Rs. 805.90 against its previous closing seen at Rs.790.35. The stock touched the days high and low at Rs. 811.95 and Rs.799.10

Liquor firm United Breweries Ltd (UBL) disclosed a 20.40 percent increase in standalone net profit to Rs 147.06 crores for the June 30 quarter end. It had noted a net profit amounting to Rs 122.14 crores in the April-June period last year, according to the company. UBL's net sales on standalone basis went further up 8.59 percent to Rs 1,485.67 crores during the period under review as compared to Rs 1,368.03 crores in the year-ago period. Its total expense was seen up 5.79 percent to Rs 1,335.97 crores as against Rs 1,262.79 crores in the three-month period of 2015-16.

As of now UBL share price is trading at Rs. 800.10 up by 9.75 points.

UBL share price forecast

UBL is one of the top 500 shares recommended by Dynamic Levels for this quarter out of the 1700 shares listed on NSE. UBL share price touched its 52 week high at Rs. 1014.95 on 4^th Nov ’15 while the 52 week low is observed at Rs. 690.00 on 24^th May ’16. The company has a market cap amounting to Rs 20897.26 (Cr) and a book value of Rs. 81.15. As per NSE approximately 1 Lakh shares were traded in the counter.

For further information kindly look for the UBL share price history page of Dynamic Levels Website and the Ladder on UBL share price forecast page to get the resistance and support levels.