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HSBC GLOBAL HIKES STAKE IN INDIA'S UNITED SPIRITS.
MUMBAI, March 2 Asia Pulse - Vijay Mallya-promoted United Spirits (BSE:532432) on Friday said foreign fund house HSBC Global Investment Funds has hiked its stake in the company to over five per cent.
In a disclosure to the Bombay Stock Exchange, United Spirits said HSBC Global Investment Funds has increased its stake to 5.02 per cent from 4.78 per cent in the company with the purchase of an additional 245,000 shares.
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