United Spirits shares up 2.15% as Nifty gains
A total of 21,567 shares changed hands on the counter till 01:59PM (IST).
NEW DELHI: Shares of traded 2.15 per cent up in Monday's trade at 01:59PM (IST). Around 21,567 shares changed hands on the counter.The counter opened at Rs 1134.3 and touched an intraday high and low of Rs 1169.4 and Rs 1134.05, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 1182.9 and a 52-week low of Rs 735.05.
As per , the total market cap of the . stood at Rs 84194.5 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7014.1 crore for the quarter ended 31-Dec-2023, up 3.5 per cent from previous quarter's Rs 6776.6 crore and up 150.5 per cent from the year-ago quarter's Rs 2800.0 crore.
The net profit for latest quarter stood at Rs 350.2 crore, up 63.49 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, domestic institutional investors held 10.39 per cent stake in the firm, while foreign institutional investors held 16.23 per cent and the promoters 0.79 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 66.35 and a price-to-book ratio of 9.17. 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
