IPL Cricket Team Royal Challengers Bengaluru Put on Sale
Diageo, the parent company of United Spirits, has announced plans to sell its stake in the IPL franchise Royal Challengers Bengaluru (RCB).
Impact on United Spirits Stock
Technical analysis indicates that United Spirits' stock has the potential to rise by up to 28% from its current position. Market experts suggest the stock price could surpass ₹1,800 following this development.
"United Spirits stock in focus as IPL champions RCB put on sale; charts suggest the stock can rally past ₹1,800."
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Summary: The sale of RCB by Diageo may boost United Spirits stock significantly, with technical charts pointing to a strong upward momentum.