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.
Diageo, which has operations across 180 countries, said it expected currency effects to knock 175 million pounds off net sales
Lower working capital intensity, healthy operating cash flows, and non-core asset sales helped bring down the overall debt by about Rs 8 billion to Rs 32.7 billion in FY18
While the stock has gained, analysts say investors should be cautious, given regulatory headwinds and valuations
Shares of United Spirits on Tuesday settled at Rs 3,750.75 apiece on BSE, down 0.79% from previous close
The tenure of the debentures is three years and the interest offered is 7.5 per cent per annum
Shares of all liquor makers rose on Friday after United Spirits (USL) reported higher than expected growth in profit and margins.The strong showing by the Diageo-owned company indicated the sector was able to weather the storm created by the ban on sale of liquor on highways and the new goods and services tax (GST).USL shares rose 23 per cent at one, the highest in a day over four years, after it reported an 84 per cent increase in net profit, a 57 per cent jump in earnings before interest taxes, depreciation and amortisation (Ebitda) and a 631 basis points increase in Ebitda margins for the quarter ended September. The stock ended with a 17.6 per cent gain, at Rs 3,029. Shares of Globus Spirits gained 16 per cent, while Pioneer Distilleries and GM Breweries gained 10 per cent each."In spite of the GST and highway ban issues, United Spirits delivered an impressive 14 per cent year-on-year Ebitda growth in the financial year's first half. Further, improving cash flows and a reducing ...
The liquor major had posted a net profit of Rs 82.5 crore in the same period last fiscal