Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
October 15, 2018 12:37 AM IST | Market

Shares in United Breweries slide on Friday following antitrust raids

The United Breweries stock was down 1.13 percent at 0551 GMT in an Indian market that was up nearly 2 percent on Friday.
Investors and analysts said shares in UB, which is known for its Kingfisher brand, were hit by fears that the CCI raids could result in penalties and potentially dent profits down the road.
Shares in United Breweries slide on Friday following antitrust raids
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