United Spirits Share Price: Share price of United Spirits falls as Sensex drops 428.34 points
The share price of United Spirits Ltd. dropped 1.83 per cent to Rs 1524.45 at 11:57AM (IST) in Thursday’s trade. The scrip has hit a high of Rs 1557.55 and low of Rs 1523.55 so far during the session. The stock had closed at Rs 1552.95 in the previous session.
The counter has had a total traded volume of 1516 shares so far with a value of Rs 0.24 crore on the NSE. It traded at a price-to-earnings multiple of 78.57 and a price-to-book ratio of 11.55.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay…
