Support and Resistance Levels
Past performance
About United Breweries Ltd United Breweries Limited (UBL), a leader in the Indian beer market, holds a dominant 54% market share. The company operates 21 breweries and 10 contract units across India, ensuring comprehensive market coverage. UBL's flagship brand, Kingfisher, including Kingfisher Strong, is the top-selling beer in India. The company's portfolio is complemented by international brands like Heineken and Amstel. UBL's focus is on manufacturing, purchasing, and selling beer and non-alcoholic beverages, with Kingfisher also enjoying a global presence in 52 countries.
A key development in UBL's history was the 2009 acquisition by Heineken, which became a co-promoter of UBL. This partnership strengthened UBL's market leadership and expanded the international reach of Kingfisher through Heineken's network. In 2021, Heineken increased its stake to 61.52%, becoming a majority promoter shareholder. UBL continues to innovate with new product launches like Kingfisher STORM and Heineken Silver, and it actively engages in brand-building activities, including launching music IPs to connect with young, dynamic consumers.