Buy United Spirits, price target Rs 726: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities has a buy call on United Spirits Ltd. with a target price of Rs 726.0 . The current price of United Spirits Ltd. is Rs 687.4 . Chandan Taparia recommended to keep a stoploss at Rs 666 .

United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 49814.72 Crore) operating in Beverages - Alcoholic sector.

United Spirits Ltd. key Products/Revenue Segments include Beverages (Alcohol) which contributed Rs 28279.10 Crore to Sales Value (99.18 % of Total Sales), Income From Franchise which contributed Rs 184.80 Crore to Sales Value (0.64 % of Total Sales), Scrap which contributed Rs 28.70 Crore to Sales Value (0.10 % of Total Sales) and Other Operating Revenue which contributed Rs 19.70 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 2587.60 Crore, up 11.81 % from last quarter Sales of Rs 2314.20 Crore and up 2.91 % from last year same quarter Sales of Rs 2514.40 Crore Company has reported net profit after tax of Rs 232.80 Crore in latest quarter.