Thursday, 28 May 2015

United Spirits in red on MCA probe

The stock is down over 0.5 percent in opening deals 

United Spirits
United Spirits is trading on a slippery note following news report that the Ministry of Corporate Affairs (MCA) will probe alleged irregularities in the books of accounts of the company.

The stock so far in the day has touched a low of Rs. 3,472, and is now down 0.6 percent at Rs. 3,488. Around 2,050-odd shares have changed hands in the first few minutes of trade this morning.

The stock has been in a downtrend for the third day now. In the process, United Spirits has shed as much as 7 percent so far.

Meanwhile, the Sensex has advanced 79 points to 27,643. 

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