India's United Breweries falls as Q2 profit declines
** Shares of Kingfisher beer maker United Breweries UBBW.NS fall 4% to 1,776 rupees
** Co's Q2 profit falls 64% y/y, rev falls 21%
** JP Morgan says Q2 "underwhelming", operational performance weaker than expected
** Investec says extended monsoon, high base and decline in sales in key states such as Karnataka and Rajasthan hurt earnings
** Stock rated "hold" on avg by 19 analysts covering it; median PT at 2,000 rupees - data compiled by LSEG
** YTD, UBBW down 13%
(Reporting by Komal Salecha)
((Komal@thomsonreuters.com;))
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