Shares of United Spirits Ltd on Monday settled at Rs 590.90 apiece on the BSE, down 1.36 per cent from the previous close
Loss of peak season sales suggests tough recovery
Loss of business in peak season, higher consumption cost and lower shelf life to make recovery tougher than United Spirits
Markets regulator Sebi on Tuesday imposed a penalty totalling more than Rs 3 crore on three persons for insider trading activities in the shares of United Spirits Ltd.
Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.
If the trading volumes shrink and the market is failing to reflect the true value of the counter in the price, the listed entity may find it to be very difficult to raise equity capital, analysts say.
Diageo, the maker of Johnnie Walker whiskey and Tanqueray Gin, currently owns an about 56% stake in United Spirits after slowly building it up over several years
From providing meals and masks to funding medical equipment, it is time to let the work speak for the brand, say experts
On a weekly basis, both Sensex and Nifty gained nearly 4 per cent each
The stock has surged 11 per cent thus far in the month of February against 1 per cent rise in the S&P BSE Sensex
Profit before tax (PBT) for Q3 December 2019 stood at Rs 314 crore, up by 8.2 per cent against Rs 290.30 crore in Q3 December 2018
Investors should await signs of margin improvement and volume uptick, especially in the Prestige-and-above segment before considering investment in USL
Be it the US or the UK, alcohol is regulated and taxed heavily in many parts of the world, but not as minutely regulated as it is in India, says Kripalu
Relay BV is a promoter entity of United Spirits
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
Operating efficiency to drive profitability, but there are some near-term headwinds
According to analysts, Ebidta will increase by only 30 bps in FY20 to 14.3 per cent
May help mitigate downside risk from tax increases
The stock hit high of Rs 675, up 6% rallied 33% in past five weeks, as compared to a 5% rise in the S&P BSE Sensex.
The stock surged 8% to Rs 620, extending its past three days 11% gain on the BSE.