United Spirits Ltd. traded 0.22 per cent at Rs 1415.00 at 01:07PM (IST) on Thursday, even as BSE benchmark Sensex 305.26 points to 77029.34.
The scrip had settled at Rs 1411.85 in the previous session. The stock quoted a 52-week high price of Rs 1700.00 and 52-week low of Rs 1055.65, respectively. As per BSE data, total traded volume on the counter till 01:07PM (IST) stood at 6350 shares with a turnover of Rs 0.91 crore.
At the current price, shares of the company traded at 72.45 times its trailing 12-month earnings per share of Rs 19.48 per share and 11.55 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.0639.
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