Wednesday 23 April 2014

United Spirits moves up on resuming operations at its bottling unit in Kerala

United Spirits is currently trading at Rs. 2834.00, up by 0.90 points or 0.03% from its previous closing of Rs. 2833.10 on the BSE.
The scrip opened at Rs. 2830.00 and has touched a high and low of Rs. 2847.25 and Rs. 2826.75 respectively. So far 15115 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2940.55 on 15-Apr-2014 and a 52 week low of Rs. 1993.30 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 2882.00 and Rs. 2828.05 respectively. The current market cap of the company is Rs. 41204.77 crore.
The promoters holding in the company stood at 38.62% while Institutions and Non-Institutions held 44.11% and 16.74% respectively.
United Spirits has lifted lock-out and resumed operations at its bottling unit of Palakkad in the State of Kerala from April 21, 2014.
Earlier, the company declared a lock-out on November 12, 2013 at its bottling unit located at Palakkad in the state of Kerala. The lock-out not had any material impact on the operations of the company.
United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.

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