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02 Nov 2026, 10:59 IST

United Breweries Limited

HDFC Securities · ADD · target Rs 1,325

The report rates United Breweries ADD with a target of Rs 1,325 (12% upside) and states it holds an estimated 30-35% beer market share in Tamil Nadu with two breweries.

From AlcoBev Update Nov26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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