Hold United Breweries Holdings, says Kunal Bothra

Kunal Bothra of LKP Securities recommends holding United Breweries Holdings and advises exiting the stock on rallies.

Kunal Bothra of LKP Securities told CNBC-TV18, "If United Breweries Holdings  closes below Rs 25 or trades below Rs 25, that should be a stoploss and one should exit positions but till the time the stock does not break Rs 25, you can continue to hold your positions and probably exit on rally till Rs 30-35 range."

At 12:05 hrs United Breweries Holdings was quoting at Rs 28.40, up Rs 0.45, or 1.61 percent. It has touched an intraday high of Rs 29 and an intraday low of Rs 28.

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