United Spirits stock price down 0.04 per cent as Sensex slides
United Spirits Ltd. fell 0.04 per cent to Rs 1164.4 at 11:16AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 7,002 shares with a turnover of Rs 0.82 crore till 11:16AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 66.65, while the price-to-book value ratio stood at 9.17.
Return on equity (ROE) was at 18.93 per cent, according to exchange data. The stock hit an intraday high of Rs 1175.0 and a low of Rs 1158.0 during the session and quoted a 52-week high price of Rs 1182.9 and a 52-week low of Rs 734.4.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.06.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1026.05 on March 05, while the 50-DMA was at Rs 1114.16. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 60.19. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Dec-2023, promoters held 56.67 per cent stake in the company, while foreign institutional investors held 16.23 per cent and
