{"id":109274,"date":"2023-09-07T14:09:09","date_gmt":"2023-09-07T08:39:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109274"},"modified":"2023-09-07T14:09:15","modified_gmt":"2023-09-07T08:39:15","slug":"alcohol-stock-jumps-5-after-companys-board-appoints-mr-vivek-gupta-as-md-ceo","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/alcohol-stock-jumps-5-after-companys-board-appoints-mr-vivek-gupta-as-md-ceo\/","title":{"rendered":"Alcohol stock jumps 5% after company&#8217;s board appoints Mr. Vivek Gupta as MD &#038; CEO"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3153237450\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Thursday, this mid-cap stock jumps more than 5% after the board appointed Mr. Vivek as MD &amp; CEO. The stock has delivered a 13% return in six months. Strong and rising volume that is higher than usual when compared to the previous day and week has kept the stock price at a high level.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-236495660\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-united-breweries-ltd\"><a href=\"https:\/\/portal.tradebrains.in\/stock\/UBL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">United Breweries Ltd<\/a><\/h4><p>United Breweries Ltd. the company belongs to a mid-cap category, with a market capitalisation of Rs. 43,751 Cr. On Thursday at 14.00 p.m. company shares were trading 5.6% up at Rs. 1,670 on NSE.<\/p><p>According to the company filing, the board has appointed Mr Vivek Gupta as Managing Director (MD) &amp; Chief Executive Officer (CEO) with effect from September 25, 2023, up to September 24, 2028.<\/p><p>Profile of Mr. Vivek<\/p><div class=\"trade-content_5\" id=\"trade-907167243\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Vivek holds a Master&#8217;s degree in business management from IIM, Ahmedabad and is a graduate of engineering. Vivek is a unique executive with homegrown India and global commercial and leadership experience. He spent over two decades in leadership and commercial roles at P&amp;G, working across various categories, from everyday consumption to premium categories.<\/p><p>As per the company filing, total revenue grew by 0.9% YoY from Rs. 5,206.51 Cr in Q1 FY23 to Rs. 5,253.43 Cr in Q1 FY24 and net profit declined by 16% YoY from Rs. 162.50 Cr in Q1 FY23 to Rs. 136.34 Cr in Q1 FY24.<\/p><p>As per the latest shareholding data, Promoters hold 72.71%, DIIs hold 15.81%, FIIs hold 6.31% and the Public hold a 5.17% stake in the company.<\/p><p>United Breweries Ltd. is a manufacturer and distributor of alcohol and non-alcohol beverages. Numerous production facilities are owned and operated by the business in India, and it also grants licenses for its brands to be produced in the UK, Australia, and New Zealand for global distribution.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-4080833240\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Thursday, this mid-cap stock jumps more than 5% after the board appointed Mr. Vivek as MD &amp; CEO. The stock has delivered a 13% return in six months. Strong and rising volume that is higher than usual when compared to the previous day and week has kept the stock price at a high level.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":107409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8397,11808,9046,948,936,9044,9043],"class_list":["post-109274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-alcohol-stock-2023","tag-alcohol-stock-to-watch","tag-rk-damani-sells-stake-in-united-breweries","tag-stock-market","tag-stock-market-news","tag-united-breweries-latest-news","tag-united-breweries-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alcohol stock jumps 5% after company&#039;s board appoints Mr. Vivek Gupta as MD &amp; CEO - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Thursday, this mid-cap stock jumps more than 5% after the board appointed Mr. Vivek as MD &amp; CEO. 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