UNITED BREWERIES Plunges by 5%; BSE 500 Index Down 1.0%
September 4, 2018 02:20 PM

UNITED BREWERIES share price has plunged 5% and is presently trading at Rs 1,390.

Meanwhile, the BSE 500 Index is at 15,799 (down 1.0%).

Among the top losers in the BSE 500 Index today are UNITED BREWERIES (down 5.2%) and JUBILANT FOODWORKS (down 5.2%).

SADBHAV ENGINEERING (up 3.3%) and INFOSYS LTD (up 3.3%) are among the top gainers today.

Over the last one year, UNITED BREWERIES has moved up from Rs 802 to Rs 1,390, registering a gain of Rs 588 (up 73.3%)..

The BSE 500 has moved up from 13,766 to 15,799, registering a gain of 2,033 points (up 14.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 532.0%), GRAPHITE INDIA (up 283.3%) and INDIABULLS VENTURES (up 242.8%).

What About the Benchmark Indices?

The BSE Sensex is at 38,519 (down 0.3%). The top gainers among the BSE Sensex stocks today are INFOSYS LTD (up 3.3%), TCS (up 1.9%) and WIPRO (up 1.2%). Other gainers include RELIANCE IND. (up 1.0%) and HDFC (up 0.6%). The most traded stocks in the BSE Sensex are HDFC and INFOSYS LTD.

In the meantime, NSE Nifty is at 11,603 (down 0.5%). HCL TECH. (up 2.3%) and TCS (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,702 to 38,519, registering a gain of 6,817 points (up 20.5%).

UNITED BREWERIES Financial Update...

UNITED BREWERIES net profit stood at Rs 2 billion for the quarter ended June 2018, compared to a profit of Rs 474 million a year ago. Net Sales rose 59.4% to Rs 41.6 billion during the period as against Rs 26.1 billion in April-June 2017.

For the year ended March 2018, UNITED BREWERIES reported 71.6% increase in net profit to Rs 3.9 billion compared to net profit of Rs 2.3 billion during FY17.

Revenue of the company grew 21.5% to Rs 124 billion during FY18.

The current Price to earnings ratio of UNITED BREWERIES, based on rolling 12 month earnings, stands at 76.3x.