Mumbai, Sep 8 (SocialNews.XYZ) Shares of United Breweries Limited fell 3.1 per cent on Tuesday, to hit their 52-week low, extending the recent weakness in the stock.
The shares touched an intra-day and 52-week low of Rs 1,251.6 apiece during the session.
The decline marks the stock's sharpest single-day fall since January 20, 2026, when it had dropped 3.4 per cent. The shares had also declined 3.02 per cent on May 19. United Breweries has now fallen in six of the last nine trading sessions.
The recent pressure on the stock comes even as the beer maker is focusing on premiumisation and capacity expansion to drive growth.
United Breweries Managing Director and CEO Vivek Gupta said the premium beer segment could account for 18 per cent to 20 per cent of the company's sales by FY30, compared with around 11 per cent currently.
According to Gupta, premium beer is growing at an annual rate of 20 per cent to 25 per cent and is increasingly becoming an important contributor to the company's profitability.
United Breweries is also expanding the presence of Heineken Silver. Last month, the company expanded the brand across Kerala, Odisha and Madhya Pradesh as it seeks to tap growing consumer demand for premium beer.
Meanwhile, the company is investing in its manufacturing capacity. Earlier this month, United Breweries informed the stock exchanges that it would invest Rs 110 crore to commission a new canning line at its Ellora brewery in Maharashtra.
The new canning line is expected to become operational in September 2026, subject to statutory approvals. It will be the first canning line at the Ellora brewery and will have a production capacity of 40,000 cans per hour.
The investment comes as United Breweries looks to strengthen its manufacturing capabilities and meet rising demand for canned beer. The company's focus on premium products and expanded production capacity is expected to remain central to its growth strategy even as the stock faces near-term selling pressure.
Source: IANS
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