On Thursday, United Spirits Ltd. shares went up by 0.22% to Rs 1415.00 at 1:07 PM IST, while the BSE Sensex dropped by 305.26 points to 77029.34. The stock closed at Rs 1411.85 the day before.
Currently, the share has a 52-week high of Rs 1700.00 and a low of Rs 1055.65. By 1:07 PM IST, 6350 shares were traded, totaling Rs 0.91 crore.
At the current price, United Spirits shares have a P/E ratio of 72.45, which shows investors are optimistic about future growth, and a price-to-book value of 11.55, indicating how much investors are willing to pay for the company even if it doesn’t grow.
The stock’s Beta value is 1.0639, meaning it is slightly more volatile than the overall market.
Shareholding Information
As of September 30, 2024:
– Promoters own 0.79% of the company.
– Foreign Institutional Investors (FIIs) hold 16.11%.
– Domestic Institutional Investors (DIIs) own 11.4%.
Technical Insights
The Relative Strength Index (RSI) for the stock is 29.55. The RSI ranges from 0 to 100, with values above 70 indicating the stock may be overbought and below 30 suggesting it may be oversold. However, experts say it’s important to look at other factors too.
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