United Breweries . reaches all-time high stock price, showing potential for continued growth

Jan 06 2024 09:20 AM IST
share
Share Via
United Breweries ., one of India's top breweries, reached a record high stock price of Rs.1913.5 on January 6th, 2024. Despite a slight dip, the stock has been on a steady upward trend for six days. According to MarketsMojo, the current call for United Breweries . is 'Hold' as it underperformed the sector by -0.99%. However, the stock is still trading higher than its moving averages, indicating a positive trend. While the company has seen a 12.32% increase in the past year, it has not performed as well as the overall market. Nevertheless, as a major player in the Indian market, United Breweries . continues to show potential for growth and success.
United Breweries . reaches all-time high stock price, showing potential for continued growth
United Breweries ., one of the largest breweries in India, saw its stock price reach an all-time high of Rs.1913.5 on January 6th, 2024. This comes after the stock has been on a steady upward trend, gaining for six consecutive days before experiencing a slight dip. According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for United Breweries . is 'Hold'. This is based on the company's performance today, where it underperformed the sector by -0.99%. However, the stock is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend. In terms of overall performance, United Breweries . has seen a 12.32% increase in the past year, while the Sensex has seen a 19.34% increase. This shows that the company has not performed as well as the overall market, but it is still showing growth. As a largecap company in the breweries industry, United Breweries . has established itself as a major player in the Indian market. With its recent all-time high stock price, the company continues to show potential for growth and success in the future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News