IPL Cricket Team RCB Put on Sale: Is United Spirits Stock Worth Buying?
Diageo, the parent company of United Spirits, is preparing to sell its ownership in the IPL franchise Royal Challengers Bengaluru. This move has sparked renewed investor interest in United Spirits shares.
Market Reaction and Outlook
Technical analysis indicates that United Spirits stock may rise as much as 28% from current levels. Analysts note that the share price could move beyond ₹1,800 if positive sentiment continues following the sale announcement.
"United Spirits stock in focus as IPL champions RCB put on sale; charts suggest the stock can rally past ₹1,800."
Investor Takeaway
With Diageo’s divestment plans and the strong technical setup, market participants are closely watching United Spirits for potential gains.
First published: November 6, 2025, 10:25 AM IST
Author’s Summary: United Spirits’ plan to sell its stake in RCB has energized the market, with analysts projecting a possible 28% surge in its share price.