United Spirits shares fall 0.85% as Nifty gains

economictimes.indiatimes.com:

United Spirits Ltd. traded 0.85 per cent down at Rs 999.2 on Monday at around 01:29PM (IST), while the benchmark BSE Sensex advanced 257.95 points to 65144.46.
As many as 5,897 shares changed hands on the counter with a total value of Rs 5911.0 crore.
The stock quoted a 52-week high price of Rs 1050.0 and a 52-week low of Rs 730.9.
On the technical charts, the 200-DMA of the stock stood at Rs 859.68, while 50-DMA was at Rs 966.14.

If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 23.56 per cent in the past one year, while Sensex has risen 9.21 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 53.92 and a price-to-book ratio of 9.17.

A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business.