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United Spirits trades higher on the bourses

United Spirits is currently trading at Rs. 583.30, up by 4.55 points or 0.79% from its previous closing of Rs. 578.75 on the BSE.

The scrip opened at Rs. 581.00 and has touched a high and low of Rs. 585.40 and Rs. 579.00 respectively.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 680.00 on 03-Dec-2018 and a 52 week low of Rs. 439.00 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 603.95 and Rs. 561.00 respectively. The current market cap of the company is Rs. 42054.22 crore.

The promoters holding in the company stood at 56.76%, while Institutions and Non-Institutions held 29.55% and 13.70% respectively.

The recovery official of the Debt Recovery Tribunal (DRT) has sold more than 33 lakh shares of United Spirits for around Rs 196 crore.

The recovery official of the Debt Recovery Tribunal sold a total of 33,10,515 shares of United Spirits at a price of Rs 591.95 per share, valuing the transaction at Rs 195.96 crore.

United Spirits is the largest spirits company in India and a flagship entity of UB group. It manufactures wide range of whisky, vodka, rum and other spirits.

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