United Spirits shares fall 0.6 per cent in Friday's trading session
United Spirits Ltd. fell 0.6 per cent to Rs 1110.85 in Friday's trade as of 01:55PM (IST) even as the benchmark Nifty ruled at 21883.0, up 235.8 points.
The scrip had closed at Rs 1117.65 in the previous session.
The stock quoted a 52-week low of Rs 730.9 and a high of Rs 1125.0. The company quoted a market-cap of Rs 81045.07 crore on the BSE.
On BSE, 12,948 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 71.53 times its trailing 12-month EPS of Rs 15.58 per share and 9.17 times its book value. The return on equity (ROE) stood at Rs 18.93.
Key Financials For the quarter ended 30-Sep-2023, United Spirits Ltd.
reported consolidated sales of Rs 6776.6 crore, up 132.19 per cent from the same quarter a year ago. The company reported 38.65 per cent YoY de-growth in net profit at Rs 339.3 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Friday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
