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24-Jan2019

United Spirits strengthens on reporting 43% rise in Q3 net profit

United Spirits is currently trading at Rs. 582.30, up by 1.05 points or 0.18% from its previous closing of Rs. 581.25 on the BSE.

The scrip opened at Rs. 588.10 and has touched a high and low of Rs. 596.00 and Rs. 564.65 respectively. So far 212303 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 730.80 on 02-May-2018 and a 52 week low of Rs. 439.00 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 608.00 and Rs. 576.00 respectively. The current market cap of the company is Rs. 42944.35 crore.

The promoters holding in the company stood at 56.76%, while Institutions and Non-Institutions held 29.70% and 13.55% respectively.

United Spirits has reported 42.84% rise in its net profit at Rs 192.40 crore for the quarter ended December 31, 2018 as compared to Rs 134.70 crore for the same quarter in the previous year. Total income of the company increased by 9.27% at Rs 7825.00 crore for Q3FY19 as compared Rs 7160.90 crore for the corresponding quarter previous year.

United Spirits is the largest spirits company in India and a flagship entity of UB group. It manufactures wide range of whisky, vodka, rum and other spirits.


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