INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on United Spirits Ltd
with a target price of Rs 635
The current market price of United Spirits Ltd
Time period given by the analyst is Intra Day when United Spirits Ltd
price can reach the defined target
Chandan Taparia recommended to keep stoploss at Rs 590
United Spirits Ltd., incorporated in 1999, has a market cap of Rs 44030.67 crore.
United Spirits Ltd
key Products/Revenue Segments include Beverages (Alcohol) which contributed Rs 25871.50 Crore to Sales Value (99.24 % of Total Sales),
Income From Franchise which contributed Rs 154.40 Crore to Sales Value (0.59 % of Total Sales), Scrap which contributed Rs 31.90 Crore to
Sales Value (0.12 % of Total Sales) and Other Operating Revenue which contributed Rs 11.30 Crore to Sales Value (0.04 % of Total Sales)for
the year ending 31-Mar-2018
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 2433.10 Crore, up 4.99 % from last quarter Sales of
Rs 2317.50 Crore and up 7.15 % from last year same quarter Sales of Rs 2270.70 Crore Company has reported net profit after tax of Rs 182.30
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 - Co Chartered Accountants LLP as its auditoRs As on 30-06-2019, the company has a total of 726,638,715 shares