Buy United Spirits, target Rs 2050 : Kunal Bothra

Independent analyst Kunal Bothra has a buy call on United Spirits Ltd. with a target price of Rs 2050.0 .The current market price of United Spirits Ltd. is 1920.9 Time period given by analyst is Intra Day when United Spirits Ltd. price can reach defined target. Kunal Bothra maintains stop loss at Rs 1840.0 .

United Spirits Ltd., incorporated in the year 1999, is a largecap company (having a market cap of ₹ 27916.01 crore) operating in Beverages - Alcoholic sector.

United Spirits Ltd. key Products/Revenue Segments include Beverages (Alcohol) which contributed ₹ 21746.60 Cr to Sales Value (97.51 % of Total Sales), Income From Tie-Up Units which contributed ₹ 421.49 Cr to Sales Value (1.88 % of Total Sales), Income From Franchise which contributed ₹ 73.90 Cr to Sales Value (0.33 % of Total Sales), Scrap which contributed ₹ 31.83 Cr to Sales Value (0.14 % of Total Sales) and Other Operating Revenue which contributed ₹ 27.79 Cr to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2016.

The company’s CEO is Mr.Anand Kripalu. It's Board of Directors include Mr.Anand Kripalu, Mr.D Sivanandhan, Mr.John Thomas Kennedy, Mr.Mahendra Kumar Sharma, Mr.Rajeev Gupta, Mr.Randall David Ingber, Mr.Sanjeev Churiwala, Mr.V K Viswanathan, Mr.V Ramachandran, Mr.Vinod Rao, Mr.Abanti Sankaranarayanan, Mr.Abhay Kewadkar, Mr.Ajay Baliga, Mr.Amrit Thomas, Mr.Debasis Chaudhuri, Mr.Lalit R Gabhane, Mr.Narayanan Subramanyam, Mr.Pankaj Gupta, Mr.Paramjit Singh Gill, Mr.S Suryanarayanan, Mr.Sanjeev Churiwala, Mr.Steve Correa, Mr.V Ramachandran, Mr.Vineet Chhabra, Mr.Vineet Kumar Kapila, Dr.(Mrs.)Indu Shahani. Company has its registered office at UB Tower,, No. 24, Vittal Mallya Road,, UB City, Bangalore, 560001, Karnataka. Company has BSR & Co. LLP as its auditors. As on 31-03-2017, the company has a total of 145,327,743 shares outstanding.