United Breweries Holdings has reported a net loss of Rs 17.2
crore in the second quarter of current financial year as against profit of Rs
66 lakh in a year ago period.
Net sales increased 11.4 percent to Rs 109.4 crore from Rs
98.2 crore during the same period.
The stock gained 3.34 percent to close at Rs 136.05 on the
Bombay Stock Exchange despite disappointing numbers. The reason was that the
UK-based Diageo and Vijay Mallya have entered into Rs 11,166 crore deal for
stake sale United Spirits.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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