Friday 26 February 2016

United Spirits zooms 3.2%

Vijay Mallya has resigned from the post of chairman of United Spirits and will be the "Founder Emeritus" of the company.


United Spirits zoomed 3.2% to Rs.2749.20 on BSE.  Vijay Mallya has resigned from the post of chairman of United Spirits and will be the "Founder Emeritus" of the company.

The scrip opened at Rs. 2800 and has touched a high and low of Rs. 2835.3 and Rs. 2716 respectively. So far 678268(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 38725.36 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4080 on 05-Mar-2015 and a 52 week low of Rs. 2232 on 18-Feb-2016. Last one week high and low of the scrip stood at Rs. 2686.05 and Rs. 2271 respectively.

The promoters holding in the company stood at 58.77 % while Institutions and Non-Institutions held 28.25 % and 12.47 % respectively.

The stock is currently trading below its 200 DMA.

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