Share price of United Spirits falls as Sensex drops 752.73 points

economictimes.indiatimes.com:

United Spirits Ltd. dropped 2.62 per cent to Rs 1204.6 at 01:43PM (IST) in Thursday's trade. The stock hit a high of Rs 1244.95 and low of Rs 1200.05 so far during the session. The stock had closed at Rs 1237.05 in the previous session.
The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 1.68 crore on BSE. The stock traded at a price-to-earnings multiple of 68.31 and a price-to-book ratio of 9.17.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
United Spirits Ltd. belongs to the Beverages & Distilleries industry.
Promotor/FII Holding Promoters held 56.67 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 16.68 per cent and 12.23 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 3054.2 crore for the quarter ended 31-Dec-2023, up 5.05 per cent from the previous quarter's Rs 2907.5 crore and up 9.08 per cent from the year-ago quarter's Rs 2800.0 crore.
Its profit for the latest quarter stood at Rs 350.2 crore, up 63.49 per cent from the same quarter a year ago.