Buy United Spirits, target Rs 2,570: Manas Jaiswal
ETMarkets.com|
Oct 18, 2017, 08.41 AM IST
Manas Jaiswal of manasjaiswal.com has a buy call on United Spirits with a target price of Rs 2,570.
The current market price of United Spirits is Rs 2,493.05.
Time period given by the analyst is intraday when United Spirits price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 2,450.
United Spirits, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 36,230.93 Crore) operating in Beverages - Alcoholic sector.
United Spirits key Products/Revenue Segments include Beverages (Alcohol) which contributed Rs 25,294.70 Crore to Sales Value (99.59 per cent of Total Sales), Income From Franchise which contributed Rs 59.50 Crore to Sales Value (0.23 per cent of Total Sales), Scrap which contributed Rs 35.10 Crore to Sales Value (0.13 per cent of Total Sales) and Other Operating Revenue which contributed Rs 9.50 Crore to Sales Value (0.03 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Dr.(Mrs.)Indu Shahani, Mr.Anand Kripalu, Mr.D Sivanandhan, Mr.John Thomas Kennedy, Mr.Mahendra Kumar Sharma, Mr.Rajeev Gupta, Mr.Randall David Ingber, Mr.Sanjeev Churiwala, Mr.V K Viswanathan, Mr.Vinod Rao.
Company has Price Waterhouse Chartered Accountants LLP as its auditors.
As on 30-09-2017, the company has a total of 145,327,743 shares outstanding.
The current market price of United Spirits is Rs 2,493.05.
Time period given by the analyst is intraday when United Spirits price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 2,450.
United Spirits, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 36,230.93 Crore) operating in Beverages - Alcoholic sector.
United Spirits key Products/Revenue Segments include Beverages (Alcohol) which contributed Rs 25,294.70 Crore to Sales Value (99.59 per cent of Total Sales), Income From Franchise which contributed Rs 59.50 Crore to Sales Value (0.23 per cent of Total Sales), Scrap which contributed Rs 35.10 Crore to Sales Value (0.13 per cent of Total Sales) and Other Operating Revenue which contributed Rs 9.50 Crore to Sales Value (0.03 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Dr.(Mrs.)Indu Shahani, Mr.Anand Kripalu, Mr.D Sivanandhan, Mr.John Thomas Kennedy, Mr.Mahendra Kumar Sharma, Mr.Rajeev Gupta, Mr.Randall David Ingber, Mr.Sanjeev Churiwala, Mr.V K Viswanathan, Mr.Vinod Rao.
Company has Price Waterhouse Chartered Accountants LLP as its auditors.
As on 30-09-2017, the company has a total of 145,327,743 shares outstanding.
