United Spirits is currently trading at Rs. 860.50, up by 9.00 points or 1.06% from its previous closing of Rs. 851.50 on the BSE.
The scrip opened at Rs. 858.00 and has touched a high and low of Rs. 862.70 and Rs. 847.85 respectively. So far 6503 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1019.75 on 09-Nov-2021 and a 52 week low of Rs. 507.60 on 19-Apr-2021.
Last one week high and low of the scrip stood at Rs. 862.90 and Rs. 765.60 respectively. The current market cap of the company is Rs. 61935.05 crore.
The promoters holding in the company stood at 56.73%, while Institutions and Non-Institutions held 28.36% and 14.92% respectively.
United Spirits has received approval from board of directors for investment in Nao Spirits & Beverages (NAO) by subscribing to 8,094 Compulsory Convertible Preference Shares (CCPS) and 10 equity shares of NAO equivalent to 14.29% of its issued and paid up share capital on a fully diluted basis and purchasing, from existing shareholders, 4,660 equity shares of NAO equivalent to 8.21% of its issued and paid up share capital on a fully diluted basis, collectively resulting in the Company owning 22.50% of the equity share capital of NAO on a fully diluted basis for an aggregate consideration of Rs 31.50 crore.
With this investment, Company enters the Indian provenance premium craft gin segment, complimented by its world class premium & luxury gin portfolio of Gordon's and Tanqueray. Time period for completion of the acquisition on or before April 30, 2022.
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.
| Company Name | CMP |
|---|---|
| United Spirits | 1270.50 |
| United Breweries | 2105.55 |
| Radico Khaitan | 1718.75 |
| Globus Spirits | 797.00 |
| GM Breweries | 636.15 |
| 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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