United Spirits shares fall over 4% post Q3 results
The company had reported a net profit of Rs 295 crore in October-December period last fiscal year. Total income declined to Rs 6,631 crore in the period under review as against Rs 8,917 crore in the year-ago quarter, the company said.
United Spirits Q3 Results: Profit slumps 64.4% QoQ hurt by soaring input costs
The company said it incurred a one-time expense of 1.51 billion rupees, while its input costs rose 4.6%."Looking ahead, in the shorter term, we do expect inflationary headwinds to continue," said Hina Nagarajan, chief executive of United Spirits.
Stocks to buy or sell today: 4 short-term trading ideas by experts for 16 January 2023
On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the maximum Put OI is placed at 17900 and then towards 17800 strikes. Call writing is seen at 18200 then 18000 strikes while Put writing was seen at 17800 and then towards 17900 strikes.
Hot Stocks | Here is why you should bet on United Spirits, Ceat for the short term
The crude oil remains under pressure and since it has sneaked below $80 mark, all sensitive pockets came back into action. Tyre being the beneficial space from the crude oil drop, all counters just took off in last couple of trading sessions.
Big Movers on D-St: What should investors do with FACT, RCF, Linde India and United Spirits?
Its trend is bullish but now RSI on the weekly time frame is at 80+ which indicates that the stock is in the overbought zone. As per the analysis, traders can book profits. And for fresh entry, one can adopt to buy support strategy where the support range is 290-300 levels. Targets are in the range of Rs 365 and 390 levels. Keep a stop loss at 240 on a closing basis.
Sula Vineyards IPO subscribed 11% during first two hours of bidding
Brokerage firms remain mixed on the issue. A few are bullish on the company's growing fundamentals and high entry barriers, whereas others are skeptical over its aggressive valuations, despite being pure and OFS play.
Chart Check: A breakout from rounding bottom pattern suggests this brewery stock will surpass Rs 1,100 levels
The stock also bounced back above the multi-year bearish trendline, which is a bullish sign. The stock rose more than 5% in a week and 13% in the last 3 months.
Why are classic compounders like Nestle, Asian Paints or Pidilite not making wealth now? Rahul Shah answers
“Largecaps led the indices higher and it is always followed by the midcaps. We have not seen that kind of a fancy catching up in the midcap space. So, in the near term, midcaps could be a short-term play for the next one or two months and then there will be the Budget. All these things will start playing. Then the rally will get shifted to the largecap space and in the next one-two months, midcaps should be in focus.”
Alcohol stocks set to go 'high on spirits' ahead of new year?
Among the top eight brewery players on the basis of market capitalisation, with a capping of at least Rs 750 crore, only two players have delivered negative returns in the last six months with one stock turning into a multibagger.
Add United Spirits, target price Rs 940: ICICI Securities
United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 63428.29 Crore) operating in Beverages - Alcoholic sector.
Add United Spirits, target price Rs 875: HDFC Securities
United Spirits Ltd. key Products/Revenue Segments include Beverages (Alcohol), Income From Franchise, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
Add United Spirits, target price Rs 940: ICICI Securities
United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 63072.24 Crore) operating in Beverages - Alcoholic sector.
Mutual Fund Meter: Top stock picks & exits by MFs in September
The portfolio rejig comes ahead of the September quarter earnings season in which oil and gas and metal companies are expected to drag. “Sectors focused on domestic consumption, investments are likely to outperform the sectors dependent on global demand, cyclicals and commodities,” Motilal Oswal Financial Services said in a report.
Mutual Fund Meter: Top stock picks & exits by MFs in September
The portfolio rejig comes ahead of the September quarter earnings season in which oil and gas and metal companies are expected to drag. “Sectors focused on domestic consumption, investments are likely to outperform the sectors dependent on global demand, cyclicals and commodities,” Motilal Oswal Financial Services said in a report.
As per 10-yr study, small- & mid-caps fared better than Nifty in Oct-Dec qtr: Pritesh Mehta
“Even our quarterly seasonality studies of the last 10 years show a success rate of 90%, wherein the last quarter of CY (Oct-Dec) has fared well for broader markets,” says Pritesh Mehta
Stocks to buy or sell today: 7 short-term trading ideas by experts for 10 October 2022
Indian market opened lower by over a per cent on Monday tracking weak global cues. The S&P BSE Sensex fell more than 700 points while the Nifty50 breached 17,200 levels on the downside in the first 15-minutes of trade.
Buy United Spirits, target price Rs 960: Edelweiss
United Spirits Ltd. key Products/Revenue Segments include Beverages (Alcohol), Income From Franchise, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
ETMarkets Smart Talk: Titan could scale new high & cross Rs 3,000 mark: Jatin Gohil
Following its impressive show in Q2 business update, Titan shares ended 5.2% higher on Friday and closed a tad below its lifetime closing high. “We believe the stock will surpass its lifetime high of Rs 2,768 and explore uncharted territory, which could take it towards Rs 3,000,” says Jatin Gohil, Technical and Derivative Research Analyst at Reliance Securities, in this interview with ETMarkets. Edited excerpts:
Stocks to buy or sell: 9 short-term trading ideas by experts for Wednesday 28 September 2022
“There were several upside attempts after achieving the 17,160 target, but all of them were rejected summarily, confirming further downsides aiming for 16,860,” Anand James - Chief Market Strategist at Geojit Financial Services, said.
Add United Spirits, target price Rs 940: ICICI Securities
United Spirits Ltd. key Products/Revenue Segments include Beverages (Alcohol), Income From Franchise, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Add United Spirits, target price Rs 940: ICICI Securities
United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 60946.82 Crore) operating in Beverages - Alcoholic sector.