United Spirits shares up 2.86% as Nifty gains
A total of 9,248 shares changed hands on the counter till 01:03PM (IST).
NEW DELHI: Shares of traded 2.86 per cent up in Monday's trade at 01:03PM (IST). Around 9,248 shares changed hands on the counter.The scrip opened at Rs 1123.6 and touched an intraday high and low of Rs 1154.9 and Rs 1120.5, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 1207.35 and a 52-week low of Rs 754.4.
Total market cap of the . stood at Rs 83856.28 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 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 56.67 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 66.08 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
