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Stock Report
United Breweries Ltd to resume supply of beer to Telangana Beverages Corporation Ltd
Posted On : 2025-01-20 23:39:52( TIMEZONE : IST )
United Breweries Ltd has decided to resume the supply of its beer to Telangana Beverages Corporation Limited (TGBCL) with immediate effect.
We have been in talks with TGBCL, and these have been constructive discussions. TGBCL has assured us to address our issues on pricing and outstanding payments in a time bound manner.
Until we get more information, basis assurances, we have decided to restart our supplies to TGBCL for the time being. This is an interim decision in the interest of consumers, workers and stakeholders.
We will continue to engage with TGBCL during this period.
Shares of United Breweries Limited was last trading in BSE at Rs. 2060.50 as compared to the previous close of Rs. 1951.50. The total number of shares traded during the day was 14647 in over 1882 trades.
The stock hit an intraday high of Rs. 2072.00 and intraday low of 1952.65. The net turnover during the day was Rs. 29877742.00.
