United Breweries: Higher beer price, capex to aid margins in FY26

United Breweries, a leading beer company, saw a 19.8% increase in Q4 profit, but margins were impacted by higher staff costs. Despite operational challenges in Telangana and Karnataka, the company’s premium brands and price hikes in Karnataka are expected to drive growth in FY26. Nuvama maintains a Buy rating on the stock, with plans for […]