SBI Mutual Fund Increases Stake in United Breweries: Stock Market Today Update

SBI Mutual Fund has strengthened its position in United Breweries, raising its holding to over 5%. On February 1, 2026, the fund purchased an additional 60,683 shares, taking its total stake to 1,32,45,816 shares, equivalent to approximately 5.01% of the company’s paid-up capital. This acquisition was reported following mandatory regulatory disclosure norms for significant shareholding.

The move has drawn attention in the market today, as institutional holdings like these often signal growing investor interest in major consumer companies like United Breweries.

Market Activity: SBI Mutual Fund Steps Up

SBI Mutual Fund’s recent purchase marks a notable increase in its ownership in United Breweries. Key points from this acquisition include:

• New shares acquired: 60,683
• Total holdings after purchase: 1,32,45,816 shares
• Percentage of total share capital: 5.0097%
• Date of transaction: February 1, 2026

Such stake increases reflect how mutual funds adjust portfolios to maintain exposure in well-established companies.

United Breweries Expands Product Reach with Kingfisher Smooth

United Breweries has recently expanded its flagship beer lineup with the launch of Kingfisher Smooth in Karnataka, one of India’s most significant beer markets. This move strengthens the brand’s presence in the mainstream strong beer category.

Karnataka, particularly Bengaluru, is recognized for high urban beer consumption, a growing bar culture, and a strong retail footprint. Positive reception of Kingfisher Smooth in Rajasthan has encouraged UBL to extend this rollout to Karnataka.

Kingfisher Smooth is designed for young adults of legal drinking age, offering a lighter, more approachable beer while maintaining flavor quality. Its features include:

• Use of imported hops
• No added sugars
• Smooth, clean taste that complements Kingfisher Strong

While Kingfisher Strong continues to serve as the full-bodied core option, Kingfisher Smooth broadens the brand’s offerings and reflects United Breweries’ focus on consumer preferences.

United Breweries Share Price Today

In today’s trading session, United Breweries shares opened at ₹1,467.60 per share and reached an intraday high of ₹1,508.55 on the BSE. The stock has seen increased interest from investors following both the mutual fund acquisition and the recent product launch.

Summary of Key Points

• SBI Mutual Fund’s stake in United Breweries rises above 5%, totaling over 1.32 crore shares.
• The launch of Kingfisher Smooth in Karnataka strengthens UBL’s footprint in a key beer market.
• Kingfisher Smooth targets younger consumers with a mellow, smooth flavor.
• Stock price today: opened at ₹1,467.60 and reached ₹1,508.55 on BSE.

This combination of institutional investment and strategic product expansion keeps United Breweries in focus for both investors and market watchers today.

Source: Livemint