16.15 (1.16%) United Spirits is currently trading at Rs. 2513.55, up by 24.85 points or 1.00% from its previous closing of Rs. 2488.70 on the BSE.
The scrip opened at Rs. 2481.00 and has touched a high and low of Rs. 2524.95 and Rs. 2466.00 respectively. So far 60215 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. 990.00 on 29-Oct-2012.
Last one week high and low of the scrip stood at Rs. 2607.00 and Rs. 2438.70 respectively. The current market cap of the company is Rs. 36343.56 crore.
The promoters holding in the company stood at 21.10% while Institutions and Non-Institutions held 48.07% and 30.51% respectively.
Diageo is reportedly all set to sell United Spirits (USL) brands in Emerging markets. The integration of United Spirits brands and Diageo is also underway. Meanwhile, former Diageo CEO Paul Walsh has joined the board of USL.
Further, the company’s market share in Tamil Nadu declined to 25% from 70% due to ordering pattern.
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.