United Spirits Ltd.

NSE: MCDOWELL-N | BSE: 532432 | ISIN: INE854D01024 |Industry: Breweries & Distilleries
|Expensive Performer

United Spirits Ltd.    
14 Mar 2019
547.95
2.57%
Nirmal Bang Institutional
Demand remains robust: Both the company's management and the industry expert in unison expressed the view that headwinds are largely behind for the industry and demand conditions are fairly good. The popular segment tends to witness more volatility as it tends to be slightly more price-elastic and is influenced by trends witnessed in the country liquor market. In case of prestige/deluxe and above segments, demand conditions are fairly robust and we expect the strength to continue considering the innovation agenda and marketing support for the same. Premiumisation strength is also evidenced by the fact that growth in luxury (single malt and scotch blends) is well above the growth witnessed in premium Indian Made Foreign...
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United Spirits Ltd. is trading below it's 100 day SMA of 556.53
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