The result was announced after market hours on Wednesday, 15 May 2013.
Meanwhile, the S&P BSE Sensex was up 51.74 points, or 0.26%, to 20,264.70
On BSE, 2.44 lakh shares were traded in the counter as against an average daily volume of 3 lakh shares in the past one quarter.
The stock hit a high of Rs 2,323.60 and low of Rs 2,235 so far during the day. The stock hit a record high of Rs 2383.95 on 7 May 2013. The stock had hit a 52-week low of Rs 547.15 on 31 May 2012.
The stock had outperformed the market over the past one month till 15 May 2013, gaining 14.73% compared with the Sensex's 10.11% rise. The scrip had also outperformed the market in past one quarter, rising 21.14% as against Sensex's 3.83% gain.
The large-cap liquor manufacturer has an equity capital of Rs 130.79 crore. Face value per share is Rs 10.
More From This Section
United Spirits' net profit fell 6.4% to Rs 320.79 crore on 12.2% growth in total income to Rs 8709.92 crore in the year ended March 2013 over the year ended March 2012.
Oa consolidated basis, United Spirits' posted a net loss Rs 101.24 crore for the year ended 31 March 2013 as compared to net profit of Rs 187.93 crore for the year ended 31 March 2012. Total income rose 11.9% to Rs 10625.25 crore in the year ended 31 March 2013 over the year ended 31 March 2012.
United Spirits' board of directors at its meeting held on 15 May 2013, has recommended a dividend Rs 2.50 per share.
UK-based alcohol giant Diageo PLC's mandatory open offer to acquire an additional 26% in United Spirits at an offer price of Rs 1,440 per share closed on 26 April 2013. The company accepted bids for 58,668 shares as against proposed open offer size of 3.77 crore shares.
As per an agreement reached between Diageo and the UB group in November 2012, Diageo agreed to acquire a 27.4% stake in USL -- partly by acquiring shares directly from the promoter entities of the UB group and partly by way of subscribing to a preferential share issue of USL. The agreement triggered a mandatory open offer from Diageo to acquire additional 26% shares in USL as per the Securities & Exchange Board of India's takeover norms.
Powered by Capital Market - Live News