United Spirits shares up 1.09% as Nifty drops
A total of 10,589 shares changed hands on the counter till 10:30AM (IST).
NEW DELHI: Shares of traded 1.09 per cent up in Tuesday's trade at 10:30AM (IST). Around 10,589 shares changed hands on the counter.The scrip opened at Rs 1189.95 and touched an intraday high and low of Rs 1193.3 and Rs 1152.6, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 1245.15 and a 52-week low of Rs 861.2.
As per , the total market cap of the . stood at Rs 85405.54 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 corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 10.12 per cent stake in the firm, while foreign institutional investors held 16.68 per cent and the promoters 0.79 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 60.69 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.
Poll Trackers
Source: Stocks-Markets-Economic Times
