Share price of United Spirits  falls  as Nifty  strengthens

A total of 12,252 shares changed hands on the counter till 01:29PM (IST).

Shares of slipped 1.61 per cent to Rs 1134.35 in Wednesday's trade as of 01:29PM (IST).

The stock hit a high price of Rs 1164.65 and low of Rs 1133.65 during the session.

The return on equity (ROE) for the stock stood at 18.93 per cent. Traded volume on the counter stood at 01:29PM shares and turnover at Rs 1.39 crore around that time.

The stock of quoted a 52-week high and 52-week low prices of Rs 1182.9 and Rs 741.4, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.06.

Promotor/FII Holding
Promoters held 56.67 per cent stake in the company as of 31-Dec-2023, while overseas investors held 16.23 per cent and domestic institutional investors had 12.44 per cent.

Key Financials
The company reported consolidated 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.

Net profit after tax for the latest quarter stood at Rs 350.2 crore, up 63.49 per cent from the same quarter a year ago.

Source: Stocks-Markets-Economic Times

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