United Spirits Ltd. dropped 1.69 per cent to Rs 1471.0 at 01:39PM (IST) in Tuesday's trade. The counter has hit a high of Rs 1495.5 and low of Rs 1469.5 so far during the session. The stock had closed at Rs 1496.4 in the previous session.
The counter has had a total traded volume of 19845 shares so far with a value of Rs 2.93 crore on the NSE. It traded at a price-to-earnings multiple of 75.62 and a price-to-book ratio of 11.55.
A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 41.42 per cent during the past one year, while the 30-share index advanced 23.24 per cent during the same period.
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