Share price of United Spirits jumps as Sensex drops 114.81 points
A total of 7,969 shares changed hands on the counter till 11:21AM (IST)
Share price of gained 0.45 per cent to Rs 1092.7 at 11:21AM (IST) in Wednesday's trade. The counter hit a high of Rs 1098.75 and low of Rs 1083.2 so far during the session. The stock had closed at Rs 1087.75 in the previous session.The counter had a total traded volume of 11:21AM shares so far with a turnover of Rs 0.87 crore on . The stock traded at a price-to-earnings multiple of 62.71 and a price-to-book ratio of 9.17.
A higher P/E 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-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 16.23 per cent and 12.44 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
