Buy United Spirits, price target Rs 605: Jay Thakkar

INSUBCONTINENT EXCLUSIVE:
Jay Thakkar of Anand Rathi has a buy call on United Spirits Ltd
with a target price of Rs 605.0
The current price of United Spirits Ltd
is Rs 582.05
Jay Thakkar recommended to keep a stoploss at Rs 569
United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 42294.01 Crore) operating in
Beverages - Alcoholic sector
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 30-09-2019, the company has reported a Consolidated sales of Rs 2314.20 Crore, down -4.89 % from last quarter Sales
of Rs 2433.10 Crore and up 3.40 % from last year same quarter Sales of Rs 2238.20 Crore Company has reported net profit after tax of Rs
158.50 Crore in latest quarter
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 30-09-2019, the company has a total of 726,638,715 shares
outstanding.