United Spirits shares up 0.15% as Nifty gains
A total of 10,294 shares changed hands on the counter till 02:05PM (IST).
NEW DELHI: Shares of traded 0.15 per cent up in Thursday's trade at 02:05PM (IST). Around 10,294 shares changed hands on the counter.The scrip opened at Rs 1117.55 and touched an intraday high and low of Rs 1117.55 and Rs 1097.4, respectively, in the session so far. The stock of quoted a 52-week high of Rs 1182.9 and a 52-week low of Rs 735.05.
Total market cap of the . stood at Rs 80219.53 crore at the time of writing this report.
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.
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 56.67 per cent.
Valuation ratio
According to data, the stock traded at a price-to-earnings multiple of 63.21 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
