The stock touched a low of Rs 694 andf finally ended at Rs 710 - down 4%. Around 287,274 shares changed hands on the BSE today.
UPDATED AT 1125 hrs
United Spirits has declined nearly 2% to Rs 726 after the company reported decline in Q4 net profit.
The stock opened at Rs 730, but soon rebounded into the positive zone and touched a high of Rs 754. The stock however slipped back into red and touched a low of Rs 706.
Currently, the stock is trading at Rs 726, and around 93,700 shares have changed hands at the counter on the BSE so far.
Today, the company announced its Q4 numbers. The net profit for the quarter ended March 31, 2009, declined 14.6% to Rs 55.62 crore when compared with Rs 65.11 crore in the corressponding quarter a year ago.
According to a release issued by United Spirits to the BSE today, Q4FY09 total income however grew 18.5 per cent to Rs 918.68 crore from Rs 775 crore in Q4FY08.