United Spirits shares up 0.66% as Nifty gains
A total of 14,021 shares changed hands on the counter till 11:11AM (IST).
NEW DELHI: Shares of traded 0.66 per cent up in Monday's trade at 11:11AM (IST). Around 14,021 shares changed hands on the counter.The scrip opened at Rs 1319.95 and touched an intraday high and low of Rs 1325.9 and Rs 1303.9, respectively, in the session so far. The stock of quoted a 52-week high of Rs 1325.9 and a 52-week low of Rs 866.9.
Total market cap of the . stood at Rs 96006.68 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 2894.0 crore for the quarter ended 31-Mar-2024, down 5.25 per cent from previous quarter's Rs 3054.2 crore and down 14.8 per cent from the year-ago quarter's Rs 2520.8 crore.
The net profit for latest quarter stood at Rs 241.0 crore, up 134.44 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, DIIs held 10.12 per cent stake in the company, while foreign institutional investors held 16.68 per cent and the promoters 56.67 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 68.23 and a price-to-book ratio of 11.55. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the Beverages & Distilleries industry.
Source: Stocks-Markets-Economic Times
