NEW DELHI: Shares of United Spirits Ltd. traded 0.07 per cent up in Thursday's trade at 11:09AM (IST). Around 34,900 shares changed hands on the counter.

The scrip opened at Rs 606.5 and touched an intraday high and low of Rs 612.35 and Rs 600.0, respectively, in the session so far. The stock of United Spirits Ltd. quoted a 52-week high of Rs 742.95 and a 52-week low of Rs 443.0.

Total market cap of the United Spirits Ltd. stood at Rs 44005.24 crore at the time of writing this report.

The country's biggest spirits maker, said it is difficult to confirm a steady demand revival for the sector even as operations and sales have started to normalise post a near-two months lockdown.

Key Financials
The company reported consolidated sales of Rs 1990.5 crore for the quarter ended 31-Mar-2020, down 23.08 per cent from previous quarter's Rs 2587.6 crore and down 14.11 per cent from the year-ago quarter's Rs 2317.5 crore.

The net profit for latest quarter stood at Rs 58.4 crore, down 52.56 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2020, DIIs held 6.7 per cent stake in the company, while foreign institutional investors held 20.54 per cent and the promoters 0.82 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 66.79 and a price-to-book ratio of 11.93. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

United Spirits Ltd. belongs to the Beverages & Distilleries industry.