Wednesday, 30 December 2015

United Spirits falls 1.9%; to seek shareholders nod for BIFR protection

The company plans to seek shareholders approval to report sick to the BIFR or Board of Industrial and Financial Reconstruction.


United Spirits
United Spirits slipped 1.9% to Rs.2,925 on BSE. The company plans to seek shareholders approval to report sick to the BIFR or Board of Industrial and Financial Reconstruction.

The scrip opened at Rs. 2952 and has touched a high and low of Rs. 2952 and Rs. 2898.35 respectively. So far 98118(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 43343.95 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. 2723 on 29-Dec-2014. Last one week high and low of the scrip stood at Rs. 3096 and Rs. 2976 respectively.

The promoters holding in the company stood at 58.87 % while Institutions and Non-Institutions held 28.59 % and 12.03 % respectively.

The stock is currently trading above its 200 DMA.

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