Page 3 - United Spirits

United Spirits plummets 5% after Hina Nagarajan set to step down as MD, CEO

Investors dumped the shares of United Spirits on Tuesday, after the company announced a leadership transition, with CEO Hina Nagarajan set to step down on March 31, 2025

United Spirits appoints Praveen Someshwar as CEO-designate from March 1

Someshwar has been MD and CEO of HT Media for the last five years. Before that, he had served in various positions at PepsiCo in India and in the wider Asia Pacific region for over 24 years

Policy change, seasonal uptick to drive gains for United Spirits stock

The higher revenue is on account of changed policy in Andhra Pradesh, new launches and a higher share of the premium segment in the product mix

United Spirits, Zomato: Chandan Taparia of MOFSL picks these stocks to buy

Stocks to Buy Today, Dec 18: The Zomato stock has formed a bullish piercing pattern near key support levels and is headed up

United Spirits Q2 results: Net profit marginally rises to Rs 341 crore

Alcoholic beverages maker United Spirits Ltd on Wednesday reported a marginal increase in consolidated net profit at Rs 341 crore in the second quarter ended September 30, 2024 impacted by a softer-than-expected demand environment. The company had posted a consolidated net profit of Rs 339 crore in the same quarter of the last fiscal, United Spirits Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 6,672 crore, as against Rs 6,737 crore in the year-ago period, the company said. Total expenses were lower at Rs 6,264 crore in the July-September quarter, as compared to Rs 6,362 crore in the second quarter of the previous fiscal, it added. "It is a muted quarter amidst a softer-than-expected demand environment," United Spirits CEO & Managing Director Hina Nagarajan said. She, however, said the company remains buoyant entering the festive season on the back of structural tailwinds including the reopening of the business in the

Multiple growth triggers to drive gains for United Spirits stock

Growth on top: Premiumisation and strategic pricing raise the bar for its Prestige and Above portfolio

Nuvama upgrades United Spirits to 'Buy' on stellar margin delivery in Q1

Brands such as Don Julio, Johnny Walker, RC American Pride, Godawan and McDowell X Series also performed well during the quarter.

United Spirits soars 7%; market cap touches Rs 1 trn on strong Q1 results

At 11:23 AM, with Rs 1.02 trillion market capitalisation, USL was trading 6 per cent higher at Rs 1,406.20 on the BSE, as against 0.29% decline in the BSE Sensex.

United Spirits Q1 results: Net profit increases 1.7% to Rs 485 crore

The company had posted a consolidated net profit of Rs 477 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing

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This blunder comes just a week after Biden's debate with Donald Trump, which left many questioning his political viability

Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here

After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement

Near term demand triggers lacking for liquor major United Spirits

Long-term prospects promising, but there are no immediate triggers

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high

Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.

United Spirits seem flat, near-term demand triggers lacking for stock

Q4 performance of the country's largest liquor was better than estimates

Stocks to watch on May 27: Divi's Lab, Torrent Pharma, United Spirits, NTPC

Stocks to watch on May 27: Divi's Labs net profit soared by an impressive 67.6 per cent year-on-year (YoY), reaching Rs 538 crore compared to Rs 321 crore

United Spirits Q4 results: Net profit rises over two-fold to Rs 241 crore

The company had posted a net profit of Rs 102 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing

RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22

At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures

United Spirits stock hits new high, jumps 4% on hopes of healthy Q4 results

The premiumization trends in the liquor category (post COVID) continued to drive the Prestige & Above (P&A) portfolio.

United Spirits gets Rs 4.47 cr tax demand from Maharashtra authorities

The state tax authority has demanded Rs 1.21 crore as MVAT, including a penalty of Rs 1 lakh, and Rs 3.26 crore as CST

United Spirits profit climbs on premium liquor demand in third quarter

A greater number of affluent Indians are choosing more expensive cars and consuming pricier food and liquor, unaffected by inflation