United Spirits Ltd. has become a hot topic after its shares climbed 4.8% to Rs 1411.50 on Tuesday. During the day, the stock reached a high of Rs 1465.00 and dropped to a low of Rs 1405.60. Currently, the shares are down 6.62% over the last month, while the overall market (BSE Sensex) has also seen a dip of about 6.35%.
The highest price for this stock in the last year was Rs 1700.00, and the lowest was Rs 1055.65. Around 88,876 shares were traded by 2:09 PM, with total trading worth Rs 12.67 crore. In the previous session, the stock closed at Rs 1482.80.
When looking at the company’s earnings, it has a price-to-earnings (P/E) ratio of 72.57, meaning people are willing to pay a premium due to expected future growth. The price-to-book ratio is 11.55, reflecting an interest in the company’s value even if it doesn’t grow.
As of September 30, 2024, the promoters owned only 0.79% of the company. However, foreign investors and mutual funds together held 27.51% of the firm.
Financially, United Spirits reported a total sale of Rs 2898.00 crore for the quarter ending September 30, 2024. This is a small increase from Rs 2796.00 crore in the previous quarter and a slight decrease from Rs 2907.50 crore one year ago. The net profit for the quarter stands at Rs 341.00 crore, showing a slight rise from the same quarter last year.
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