Shares of United Spirits Ltd. were trading at Rs 1,679.00 on the Bombay Stock Exchange (BSE) at 10:56 AM (IST) on Thursday, showing an increase of 1.34% from the previous day’s closing price. The stock reached its lowest price in 52 weeks at Rs 1,055.65 and its highest price at Rs 1,684.00. It opened strong this morning, with 9,855 shares traded by 10:56 AM.
The company’s market value is Rs 121,882.18 crore. Its price-to-earnings (P/E) ratio is 86.00, meaning investors pay Rs 86 for every Rs 1 of profit. The price-to-book value ratio is 11.55, and the return on equity (ROE) is 19.77%, which tells us how well the company is using money to make profits.
In the BSE500 index, 269 stocks, including United Spirits, were going up, while 230 stocks were going down. The stock’s beta, which shows how much it can vary compared to the market, is 1.0639, indicating it’s a bit more volatile.
As for ownership, promoters owned 0.79% of United Spirits as of September 30, 2024, while foreign institutional investors owned 16.11% and domestic institutional investors had 11.4%.
Regarding moving averages, the 200-day moving average (200-DMA) was at Rs 1,371.77, and the 50-day moving average (50-DMA) was at Rs 1,509.87. If a stock trades below both averages, it’s usually a good sign that the price is going up. If it stays below both averages, that suggests the price might be going down.
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