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United Spirits stock tanks

Shares in United Spirits dropped 9.15% to Rs 1,095 on the Bombay Stock Exchange on Monday, after liquor baron Vijay Mallya said on Sunday that he had not reached a deal to sell a stake in the company to UK-based Diageo.

Updated on: Oct 29, 2012, 21:35:27 IST
Reuters | By , Mumbai
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Shares in United Spirits dropped 9.15% to Rs 1,095 on the Bombay Stock Exchange on Monday, after liquor baron Vijay Mallya said on Sunday that he had not reached a deal to sell a stake in the company to UK-based Diageo.

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