New Delhi: Shares of liquor large United Spirits are on a robust rise. On Wednesday, it set a brand new report by touching a excessive of Rs 1,417.30 on the Nationwide Inventory Trade (NSE), which is a rise of greater than 5 p.c. This bounce has come after the corporate’s glorious outcomes for the primary quarter of the monetary yr 2024-25. This firm makes Black Canine liquor. The inventory closed at 1,395.35 with a achieve of 4.76 p.c on NSE.
United Spirits on Tuesday reported a 1.7 p.c enhance in its consolidated internet revenue for the June quarter. It elevated to Rs 485 crore. In a regulatory submitting, the corporate stated that this determine was Rs 477 crore in the identical interval final yr.
BUY score, goal value
Consolidated income stood at Rs 6,238 crore within the first quarter of the present monetary yr as in opposition to Rs 5,808 crore in the identical interval final yr. Complete expenditure elevated to Rs 5,619 crore within the first quarter as in opposition to Rs 5,173 crore in the identical interval final yr. AUM Capital in its report has given a BUY score to United Spirits and a goal value of Rs 1,375.
How has the return been?
United Spirits is part of the S&P BSE 100 index. Its market cap is Rs 1,01,840.03 crore. In keeping with BSE Analytics, its shares have gained over 18 per cent within the final three months.
The inventory has given a return of 26.67 per cent on a year-to-date foundation. The inventory has given 43.30%, 66% and 105% returns in a single yr, two years and three years. and switch again and provides