United Spirits has target of Rs 1544: Thunuguntla

Published on Thu, Sep 09, 2010 at 11:28 |  Source : CNBC-TV18

Updated at Thu, Sep 09, 2010 at 12:13  

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Jagannadham Thunuguntla, SMC Global Securities

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United Spirits has target of Rs 1544, says Jagannadham Thunuguntla , SMC Global Securities.

Thunuguntla told CNBC-TV18, "As United Spirits has been good on the charts plus the stock is a good proxy for the growing affluent Indian consumerism and life style, it's a clear leader both in India as well as globally. The target for the stock is Rs 1,544."

The company's trailing 12-month (TTM) EPS was at Rs 27.42 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 55.35. The latest book value of the company is Rs 280.94 per share. At current value, the price-to-book value of the company was 5.4. The dividend yield of the company was 0.13%.

  

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