United Spirits stock price down 0.64 per cent as Sensex climbs

Shares of United Spirits Ltd. fell 0.64 per cent to Rs 1297.5 at 01:33PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 20,872 shares with a turnover of Rs 2.72 crore till 01:33PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 67.73, while the price-to-book value ratio stood at 11.55.

Return on equity (ROE) was at 19.77 per cent, according to exchange data. The stock hit an intraday high of Rs 1319.0 and a low of Rs 1294.45 during the session and quoted a 52-week high price of Rs 1319.0 and a 52-week low of Rs 861.2.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.06.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1099.62 on June 07, while the 50-DMA was at Rs 1179.52. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 69.46. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2024, promoters held 56.67 per cent stake in the company, while overseas investors held 16.68 per cent and domestic institutional investors had 12.23 per cent.