Buy United Spirits, target Rs 3,500: Sameet Chavan

Buy United Spirits Ltd. at a price target of Rs 3500.0 and a stop loss at Rs 3220 from entry point.

Sameet Chavan of Angel Broking has a buy call on United Spirits with a target price of Rs 3,500.

The current market price of United Spirits is Rs 3,320.75.

Time period given by the analyst is 'Intra Day' when United Spirits price can reach defined target.

Sameet Chavan recommended to keep a stop loss at Rs 3,220.

United Spirits, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 47,761.24 Crore) operating in Beverages - Alcoholic sector.

The company’s top management includes Dr.(Mrs.)Indu Shahani, 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.Vinod Rao.
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Company has Price Waterhouse Chartered Accountants LLP as its auditors.

As on 31-12-2017, the company has a total of 145,327,743 shares outstanding.
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