BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Macquarie maintains underperform on United Spirits
Macquarie has maintained "underperform" rating on United Spirits for a target price of Rs 1,797. De-rating is imminent on losing dominance, said Macquarie. The stock trades at an expensive valuation of 46 times its earnings per share.