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UBL outlines margin doubling plan; analysts split on timeline
Shares of United Breweries Limited were trading lower by around 0.33 per cent at ₹1,280 on Friday afternoon, a day after brewer hosted its Capital Markets Day, where management outlined a medium-term ambition of doubling EBITDA margins from high single digits to low teens over three to five years.
UBL invests ₹110 crore in new canning line at Ellora brewery
UBL is commissioning a ₹110 crore canning line at its Ellora brewery in Maharashtra, citing positive demand momentum in Q2. The investment expands packaging capacity to meet growing demand for canned beer. The company expects the new line to boost production efficiency and market reach.
United Breweries invests ₹110 crore in Maharashtra canning line
2 Min Read United Breweries (UBL) will invest ₹110 crore to commission a new canning line at its Ellora Brewery in Chhatrapati Sambhajinagar, Maharashtra, as the beer maker looks to expand manufacturing capacity and cater to growing demand for canned beer, the company said in an exchange filing on Tuesday, September 1. The new line, located at the Waluj MIDC area, is expected to become operational in September 2026, subject to statutory approvals.
Aster DM Healthcare profits fall sharply
Despite robust revenue growth, Aster DM Healthcare reported a 81% decline in Q1 profit due to merger costs. Stock performance is under scrutiny.
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