Above-average monsoon rains doused sales of summer products such as beer this quarter, but volumes should recover in the ...

JPMorgan reiterated its overweight call while cutting its price target to Rs 2,050. The brokerage sees near-term volume weakness due to heavy monsoons but believes stable raw material costs, ...

While JPMorgan flagged weak beer sales from heavy monsoons, it still sees steady margins for United Breweries and long-term growth from premiumisation and stronger go-to-market efforts ...

JPMorgan maintained its "overweight" recommendation on United Breweries, but cut its price target to ₹2,050 from ₹2,200 earlier. The revised price target still implies a potential upside of 14% from ...

United Breweries Ltd (UBL) aims for a 6-7% volume growth this fiscal, driven by premiumisation despite adverse weather. CEO ...

JPMorgan maintains an overweight stance on United Breweries, predicting a 14% potential upside despite a reduced price target.