United Breweries Holdings Climbs 10% On Robust Q1 Show


New Delhi: Shares of United Breweries (Holdings) surged 10 for every penny today after its net benefit ascended more than 13-fold for the primary quarter finished June 30, 2016.

The stock zoomed 9.98 for each penny to Rs. 46.80 on BSE. At NSE, shares of the organization bounced 9.9 for each penny to Rs. 46.60. Net benefit of United Breweries (Holdings) Ltd (UBHL) ascended more than 13-fold to Rs. 29.47 crore for the principal quarter finished June 30, 2016.

The organization had posted a net benefit of Rs. 2.15 crore amid the same time of the past financial. Complete pay from operations rose 34.13 for every penny to Rs. 96.23 crore amid the June quarter as against Rs. 71.74 crore in the same time frame a year prior, UBHL said in a BSE documenting today.

On May 24 this year, UBHL had looked for time till July to record comes about for the last financial because of "vulnerabilities" coming about because of continuous bodies of evidence against its Chairman Vijay Mallya.