United Spirits is currently trading at Rs. 2543.00, up by 6.60 points or 0.26 % from its previous closing of Rs. 2536.90 on the BSE.
The scrip opened at Rs. 2554.95 and has touched a high and low of Rs. 2564.35 and Rs. 2521.00 respectively. So far 21,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2815.00 on 18-Jul-2013 and a 52 week low of Rs. 1708.20 on 05-Apr-2013.
Last one week high and low of the scrip stood at Rs. 2649.00 and Rs. 2508.95 respectively. The current market cap of the company is Rs. 36895.08 crore.
The promoters holding in the company stood at 36.15 % while Institutions and Non-Institutions held 47.40 % and 16.14 % respectively. Fair trade watchdog Competition Commission of India (CCI) has approved United Spirits’ proposed sale of a distillery in Tamil Nadu to Enrica Enterprises, as the deal does not raise adverse competition concerns.
The deal comprises hiving off all the operations at the unit of United Spirits that manufactures Indian Made Foreign Spirits (IMFS) to Enrica, by way of slump sale on a going concern basis. The unit is located at Poonamallee, Chennai.
Post-deal, Enrica would make certain IMFS brands of United Spirits using technology and know-how and under the trademark of the Vijay Mallya’s led company.
Recently, the Karnataka High Court ruled as void a part of the sale of share of United Spirits (USL), by United Breweries Holdings, to Diageo. The court overturned an order, passed in March by a single-judge Bench in the company court, allowing Vijay Mallya’s UB Holdings to sell a significant part of its stake in USL to Diageo.
| Company Name | CMP |
|---|---|
| United Spirits | 1180.50 |
| United Breweries | 1921.40 |
| Radico Khaitan | 1719.25 |
| Globus Spirits | 768.40 |
| Tilaknagar Inds | 242.60 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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