Share price of United Spirits jumps as Sensex gains 2271.27 points
Promoters held 0.79 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 16.68 per cent and 10.12 per cent, respectively.
The share price of gained 1.25 per cent to Rs 1174.15 at 12:17PM (IST) in Monday's trade. The counter has hit a high of Rs 1185.2 and low of Rs 1166.8 so far during the session. The stock had closed at Rs 1159.65 in the previous session.The counter has had a total traded volume of 18632 shares so far with a value of Rs 2.18 crore on the . It traded at a price-to-earnings multiple of 61.14 and a price-to-book ratio of 11.55.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 34.25 per cent during the past one year, while the 30-share index advanced 21.73 per cent during the same period.
belongs to the Beverages & Distilleries industry.
Promotor/FII Holding
Promoters held 0.79 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 16.68 per cent and 10.12 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2894.0 crore for the quarter ended 31-Mar-2024, down 5.25 per cent from the previous quarter's Rs 3054.2 crore and down 14.8 per cent from the year-ago quarter's Rs 2520.8 crore.
Profit for the latest quarter stood at Rs 241.0 crore, up 134.44 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
