Diageo, the parent company of United Spirits, is planning to sell its stake in the IPL franchise Royal Challengers Bengaluru (RCB).
Technical analysis indicates that United Spirits stock has the potential to rise by up to 28% from its current level.
The stock could possibly exceed ₹1,800, driven by the news of RCB being put on the market.
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First Published: Nov 06 2025 | 10:25 AM IST
Author's summary: Diageo's decision to divest from RCB could significantly boost United Spirits stock, signaling an investment opportunity linked to IPL developments.