New Delhi, Oct. 29 -- A day after clocking a healthy gain of 5% and extending gains for the second consecutive session, United Breweries shares declined almost 3% in morning trade on the BSE on Thursday, 29 October. United Breweries share price opened at Rs.1,191.35 against its previous close of Rs.1,199.75 and declined 3% to an intraday low of Rs.1,164.

The stock is witnessing volatility due to profit booking after rising nearly 6% in the last two sessions.

The stock witnessed healthy gains in the previous session after the company reported its September quarter (Q2FY27) results.

In an exchange filing on 27 September, the company said its Q2FY27 consolidated profit rose 191% year-on-year (YoY) to Rs.135.31 crore. In the same quarter l...