United Spirits Ltd stays slippery

United Spirits Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1331.9, down 0.24% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 22478.35. The Sensex is at 72073.15, up 0.23%.United Spirits Ltd has eased around 7.51% in last one month.Meanwhile, Nifty FMCG index of which United Spirits Ltd is a constituent, has eased around 3.47% in last one month and is currently quoting at 43789.85, up 0.5% on the day. The volume in the stock stood at 5.24 lakh shares today, compared to the daily average of 9.8 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1338.3, down 0.52% on the day. United Spirits Ltd tumbled 2.14% in last one year as compared to a 10.37% slide in NIFTY and a 20.07% fall in the Nifty FMCG index.

The PE of the stock is 46.64 based on TTM earnings ending June 26.

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