SBI Mutual Fund raises stake in United Breweries to over 5%. Check details

SBI Mutual Fund has risen its stake in United Breweries to over 5% by acquiring an extra 60,683 shares on February 1, 2026. This acquisition brings SBI Mutual Fund’s total shares to 1,32,45,816, representing approximately 5.0097% of United Breweries’ total share capital. The disclosure was made in compliance with regulations concerning substantial share purchases.

“The final holding of SBI Mutual Fund, under its various schemes, as at close of business hours on February 01, 2026, was 1,32,45,816 shares, which is 5.0097% of paid-up share capital of your Company,” said United Breweries in its filing.

Following the recent acquisition, SBI Mutual Fund now holds a total of 1,32,45,816 shares in United Breweries.

Recently, United Breweries shares were in focus after the company revealed the introduction of Kingfisher Smooth in Karnataka, thereby expanding Kingfisher’s reach within the mainstream strong beer sector. The launch in Karnataka, which is among India’s largest beer markets, represents a significant move in enhancing Kingfisher’s presence in this category.

The company pointed to high urban consumption, especially in Bengaluru, a favorable beer culture, and a broad presence in both on-premise locations and modern retail as reasons making Karnataka an essential market for this rollout. This launch comes after positive consumer feedback on Kingfisher Smooth in Rajasthan.

As stated by UBL, Kingfisher Smooth has been crafted for younger consumers of legal drinking age who are looking for a more mellow and accessible beer experience. This brew is made with imported hops, contains no added sugars, and aims to provide a clean, smooth flavor while still appealing to fans of stronger beers.

Kingfisher Strong remains the brand's primary full-bodied choice, while Kingfisher Smooth broadens the brand’s lineup as part of UBL’s commitment to innovation and putting consumers first, the company noted.

United Breweries share price today

United Breweries share price today opened at an intraday low of ₹1,467.60 per share on the BSE, the stock touched an intraday high of ₹1,508.55 apiece.

According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, United Breweries share prices are witnessing a bounce from the lower since last week and today it has managed to reclaim its 20DEMA, possibly, the price can extend upmove towards 1,550 level with 1,400 acting as support.

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