Share price of United Spirits falls as Sensex drops 508.86 points
A total of 12,364 shares changed hands on the counter till 11:31AM (IST)
Share price of dropped 1.75 per cent to Rs 1208.3 at 11:31AM (IST) in Tuesday's trade. The counter hit a high of Rs 1240.0 and low of Rs 1205.6 so far during the session. The stock had closed at Rs 1229.85 in the previous session.The counter had a total traded volume of 11:31AM shares so far with a turnover of Rs 1.52 crore on . The stock traded at a price-to-earnings multiple of 68.31 and a price-to-book ratio of 9.17.
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 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.
Promotor/FII Holding
Promoters held 56.67 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 16.68 per cent and 12.23 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 7014.1 crore for the quarter ended 31-Dec-2023, up 3.5 per cent from the previous quarter's Rs 6776.6 crore and up 150.5 per cent from the year-ago quarter's Rs 2800.0 crore.
Its profit 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
