United Spirits Ltd.

United Spirits is currently trading at Rs. 2544.90, up by 13.20 points or 0.52% from its previous closing of Rs. 2531.70 on the BSE.

The scrip opened at Rs. 2524.00 and has touched a high and low of Rs. 2585.00 and Rs. 2492.30 respectively. So far 150336 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2625.95 on 05-Jul-2013 and a 52 week low of Rs. 697.45 on 30-Jul-2012.

Last one week high and low of the scrip stood at Rs. 2625.95 and Rs. 2196.60 respectively. The current market cap of the company is Rs. 37141.41 crore.

The promoters holding in the company stood at 21.10% while Institutions and Non-Institutions held 48.07% and 30.51% respectively.

Diageo Plc, the world’s largest spirits maker has purchased 25.02% stake in Vijay Mallya-led United Spirits (USL) on completion of a share purchase deal announced last year. Although, its open offer to public shareholders of USL for an additional 26% stake between 10-26 April this year met with tepid response.

Last year, Diageo had announced that it would pick up 53.4% stake in USL in a multi-structured deal for a total of Rs 11,166.5 crore. Instead, it now has 25.02% stake in USL for a total consideration of Rs 5,235.85 crore.

Recently, Morgan Stanley acquired additional 11.80 lakh shares in United Spirit via markets/ pledge. Following this acquisition, Morgan Stanley’s stake in the company increased to 5.20% from 4.89%.

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.