Buy United Spirits, price target Rs 720: Chandan Taparia

INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on United Spirits Ltd
with a target price of Rs 720.0
The current price of United Spirits Ltd
is Rs 676.45
Chandan Taparia recommended to keep a stoploss at Rs 655
United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 49153.48 Crore) operating in
Beverages - Alcoholic sector
United Spirits Ltd
key Products/Revenue Segments include Beverages (Alcohol) which contributed Rs 28279.10 Crore to Sales Value (99.18 % of Total Sales),
Income From Franchise which contributed Rs 184.80 Crore to Sales Value (0.64 % of Total Sales), Scrap which contributed Rs 28.70 Crore to
Sales Value (0.10 % of Total Sales) and Other Operating Revenue which contributed Rs 19.70 Crore to Sales Value (0.06 % of Total Sales)for
the year ending 31-Mar-2019
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 2587.60 Crore, up 11.81 % from last quarter Sales of
Rs 2314.20 Crore and up 2.91 % from last year same quarter Sales of Rs 2514.40 Crore Company has reported net profit after tax of Rs 232.80
Crore in latest quarter
Sharma, Mr.Rajeev Gupta, Mr.Randall David Ingber, Mr.Sanjeev Churiwala, Mr.V K Viswanathan, Mr.Vinod Rao
Company has Price Waterhouse - Co Chartered Accountants LLP as its auditors As on 30-09-2019, the company has a total of 726,638,715 shares
outstanding.