United Breweries and Varun Beverages Stocks Decline Amid GST Demand and Market Pressure

United Breweries Ltd shares declined for a fifth consecutive session, trading at Rs 1615.9 with a 20.21% drop over the past year, amid a broader market downturn. The company disclosed a GST demand order of about Rs 31.88 crore related to leasehold land and beverage classification, which it plans to contest. Varun Beverages Ltd also fell for the fifth straight day, down 11.21% in the last month and 20.21% over the year, reflecting pressure on FMCG stocks amid market volatility.