Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
638.35
Change Change %
4.85 0.77%

Updated:13 Nov, 2018, 15:59 PM IST

BSE
638.30
Change Change %
6.15 0.97%

Updated:13 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
28-07-2016 Buy 2578.15 2400.00
N/A
Target Hit Long (1Y)
28-07-2017

Religare maintains sell on United Spirits

United Spirits' net sales grew by 9.7 per cent in Q1 compared to our estimates of 12.2 per cent. Overall volume growth of the company remained flat. Higher other expenses due to Bihar ban and marginal increase in staff cost resulted in margin contraction. We believe higher investments and ad spends would restrict EBITDA margin expansion in the near future.

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