Wednesday 17 February 2016

United Breweries plunges 8%

The company has reportedly said that Punjab National Bank has declared the company as a "willful defaulter".


United Breweries (Holdings) Ltd stock was lower by 8% at Rs. 18.The company has reportedly said that Punjab National Bank has declared the company as a "willful defaulter".

The scrip opened at Rs. 20.3 and has touched a high and low of Rs. 20.3 and Rs. 18.25 respectively. So far 180750(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 134.64 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 35.8 on 10-Nov-2015 and a 52 week low of Rs. 17 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 24.7 and Rs. 19.6 respectively.

The promoters holding in the company stood at 52.34 % while Institutions and Non-Institutions held 4.88 % and 42.78 % respectively.

The stock is currently trading above its 100 DMA.

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