United Breweries (Holding) Ltd closed flat today at Rs.116.05.
The company has number of stakes in group companies viz: Mangalore Chemicals and Fertilizers Ltd (24.51%. The value of the holdings--Rs.112.84 Cr), United Breweries Ltd (Rs.2862.51 Cr), United Spirits Ltd (Rs.4675.85 Cr) and U B Engineering Ltd (Rs.24.46 Cr). It also holds 24.44% stake in Kinghfisher Airlines Ltd. The current talks of Jet Airways Ltd singing a deal with Etihad, might create more optimism and a benchmark for Kingfisher Airlines Ltd, too. For more on it please (i) CLICK HERE & (ii) Click Here and (ii) CLICK HERE. I am sure it will reach my targets within a couple of weeks, as you are indirectly buying the shares of one of the worlds largest and reputed spirit companies, CLICK HERE.