United Spirits Ltd.

United Spirits is currently trading at Rs. 2375.75, up by 3.80 points or 0.16% from its previous closing of Rs. 2371.95 on the BSE.

The scrip opened at Rs. 2378.00 and has touched a high and low of Rs. 2390.00 and Rs. 2351.00 respectively. So far 37523 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2605.00 on 27-May-2013 and a 52 week low of Rs. 645.00 on 20-Jun-2012.

Last one week high and low of the scrip stood at Rs. 2519.90 and Rs. 2296.00 respectively. The current market cap of the company is Rs. 34487.73 crore.

The promoters holding in the company stood at 25.48% while Institutions and Non-Institutions held 52.64% and 21.59% respectively.

United Spirits, India’s largest spirits company is planning to invest Rs 3,000-crore on capital expenditure for the next three years. The company is also planning to set up an Rs 650-crore two-furnace glass plant in Andhra Pradesh in an effort to move away from buying glass from a single supplier, Hindustan National Glass and Industries. In this regard, the company has already acquired land for the glass plant.

Till the plant is set up, the company is looking at sourcing glass from China and is also planning to increase the usage of tetra packs for a number of its spirit brands.

United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.