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United Spirits Ltd under sustained pressure

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United Spirits Ltd is quoting at Rs 502.55, down 1.3% on the day as on 13:29 IST on the NSE. The stock tumbled 22.78% in last one year as compared to a 4.32% slide in NIFTY and a 5.5% fall in the Nifty FMCG index.

United Spirits Ltd is down for a fifth straight session today. The stock is quoting at Rs 502.55, down 1.3% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 1.67% on the day, quoting at 10945.8. The Sensex is at 37032.42, down 1.69%.United Spirits Ltd has lost around 13.12% in last one month.Meanwhile, Nifty FMCG index of which United Spirits Ltd is a constituent, has eased around 7.1% in last one month and is currently quoting at 29322.35, down 0.33% on the day. The volume in the stock stood at 13.82 lakh shares today, compared to the daily average of 24.14 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 502.2, down 1.74% on the day. United Spirits Ltd tumbled 22.78% in last one year as compared to a 4.32% slide in NIFTY and a 5.5% fall in the Nifty FMCG index.

The PE of the stock is 100.85 based on TTM earnings ending June 20.

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First Published: Sep 24 2020 | 1:35 PM IST

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