Time period given by analyst is Intra Day when United Spirits Ltd. price can reach defined target.
United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 62865.15 Crore) operating in Beverages – Alcoholic sector.
United Spirits Ltd. key Products/Revenue Segments include Beverages (Alcohol), Income From Franchise, Scrap and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1729.50 Crore, down -22.62 % from last quarter Total Income of Rs 2235.00 Crore and up 66.76 % from last year same quarter Total Income of Rs 1037.10 Crore. Company reported net profit after tax of Rs 50.30 Crore in latest quarter.
Investment Rationale
Follow up buying seen after pole and flag breakout on daily frame and higher highs on weekly basis.
Promoter/FII Holdings
Promoters held 56.8 per cent stake in the company as of Dec 30, 2020, while FIIs held 19 per cent, DIIs 9.8 per cent and public and others 14.5 per cent.
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