United spirits update

Stock has been generating better return on equity than bank FD. Stock doesn't offer attractive dividend returns. Good time to consider, as stock is not in overbought zone. Why Liquor Stocks In Focus? What Are The Triggers? United Spirits. United Spirits Ltd extends deadline for strategic review of selected popular liquor brands by 3 months. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD. Dividend Returns A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders.

Good dividend returns indicate good health and outlook for the company. Entry Point High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock. Pledging holdings means taking loans against held promoter shares. Unsolicited tips are sometimes circulated to manipulate the market. United Spirits is putting up a spirited fight following a strong second-quarter amid sharp corrections in the broader markets.

United Spirits management indicated that demand scenario was improving rapidly. In accordance with the captioned subject, copies of the newspaper advertisement published on 28th October in Business Standard and Prajavani are enclosed. Further to our intimation dated 26th October regarding investor meet, enclosed herewith copy of the presentation on strategy refresh to be used in the meeting. Revenue from operations was up 9.

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