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Tag: United Breweries

Sula Vineyards, Radico Khaitan and United Spirits fall up to 4% as European wines make cuts in India-EU trade deal
Stock Market

Sula Vineyards, Radico Khaitan and United Spirits fall up to 4% as European wines make cuts in India-EU trade deal

Shares of Sula Vineyards, Radico Khatain, United Spirits, United Breweries and Globus Spirits plunged to 4% as European wines will enter the Indian market at lower prices under the bilateral free trade agreement as India will grant import duty concessions under the pact, PTI reported, citing an official. According to the pact, excise duty on […]

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Heineken beer volumes in India are declining due to the strong monsoon, but sales are growing
Business

Heineken beer volumes in India are declining due to the strong monsoon, but sales are growing

Heineken’s premium segment showed resilience, with premium volumes growing in the low teens. | Photo credit: © HEINZ-PETER BADER / REUTERS Shares of United Breweries Limited were trading at ₹1,829 at 12.40 pm today, up ₹31.10 or 1.73 per cent on the NSE. United Breweries Limited announced that promoter Heineken NV reported a mid-single digit […]

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Cheers on premiumization! These 4 alcohol stocks can meet up to 18%. Do you have one?
Stock Market

Cheers on premiumization! These 4 alcohol stocks can meet up to 18%. Do you have one?

The India’s Spirits Market is on the rise as one of the most attractive consumer sectors, with premiumization trends that stimulate stronger growth and profitability compared to traditional FMCG categories, according to international broker Jefferies. Despite modest growth from middle to high at the general industrial level, the prestige and above (P&A) segment-the sweet spot […]

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