Shares of United Spirits Ltd. traded 1.35 per cent up at Rs 1183.95 at around 12:48PM (IST) on Friday. The stock had closed at Rs 1200.25 in the previous session. Equity benchmark Sensex traded 607.33 points lower at 74430.82 around the same time.
The scrip has climbed 54.43 per cent in the last one year till date, while the 30-share index has gained 24.4 per cent during the same period.
The stock's 52-week high price stood at Rs 1207.35 and the 52-week low price at Rs 744.7.
Trading volume on the counter stood at 49,387 shares, while it quoted a price-to-earnings ratio of 69.04, an EPS value of 17.45 and a price-to-book value of 9.17. In the Nifty50 pack, 9 stocks traded in the green, while 41 stocks were in the red.
Promoter/FII Holding
Promoters held 56.67 per cent stake in the company as of 31-Dec-2023, while overseas investor and mutual funds' ownership stood at 16.23 per cent and 10.39 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 7014.1 crore, 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. The company reported net profit of Rs 350.2 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.