News: United Spirits Ltd (UNSP.NS)

UNSP.NS on National Stock Exchange of India

2,763.85INR
31 Oct 2014
Price Change (% chg)

Rs27.95 (+1.02%)
Prev Close
Rs2,735.90
Open
Rs2,744.20
Day's High
Rs2,770.00
Day's Low
Rs2,725.90
Volume
214,668
Avg. Vol
485,497
52-wk High
Rs2,940.80
52-wk Low
Rs2,225.00

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Tue, Sep 23 2014

United Spirits gains on value buying

Reuters Market Eye - United Spirits gains 1.5 percent on value buying.

MARKET EYE-India's United Spirits gains on value buying

* United Spirits gains 1.5 percent on value buying. * Relative underperformance provides good entry point, investors say. * Stock was down 19.7 percent as of Monday from a record high of 2,940.80 rupees hit on April 15. * The NSE index is up 21 percent since April 15. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

INDIA PRESS-Diageo, United Spirits chart 14 power brands' strategy - Business Standard

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Chris Peters in Bangalore)

MARKET EYE-India's United Spirits shares gain on bargain buying

* Shares of India's United Spirits Ltd gain 0.6 percent, recovers from earlier falls of as much as 2.5 percent. * Traders cite bargain-buying after initial reaction to the spirits maker's March-quarter net loss. * Shares down 14.8 percent since the end of May, lagging a 12.2 percent gain in the NSE index. * Falls have made shares attractive and may spark buy-on-dips approach, traders say. * Traders also tracking developments related to United Spirits Chairman Vijay Mallya who is under pressure

United Spirits falls; excluded from derivatives trading

Reuters Market Eye - United Spirits falls 3.2 percent after NSE excludes the stock from the derivatives segment.

MARKET EYE -India's United Spirits falls; excluded from derivatives trading

* United Spirits falls 3.8 percent after NSE excludes the stock from the derivatives segment. * NSE circular: (http://bit.ly/1BIm6tH) * NSE says company has not submitted financial results for the year ended March 31, 2014 and quarter ended June 30, 2014 * Zee Entertainment will replace United Spirits in the NSE index, the exchange adds. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

Zee Entertainment to replace United Spirits in Nifty

Reuters Market Eye - Zee Entertainment Enterprises to replace United Spirits in the Nifty.

MARKET EYE-India's Zee Entertainment to replace United Spirits in NSE index

* Zee Entertainment Enterprises to replace United Spirits in the NSE Index index. * Changes would be effective from Sept. 19, according to the NSE. (http://bit.ly/1uYZfbF) * Zee will enter the NSE index with an expected weightage of 58 bps vs United Spirits' 46 bps, Edelweiss says in a note. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

BRIEF-CMA says to consult on Diageo's stake buy in United Spirits

July 17 - Competition and Markets Authority (CMA) :

MARKET EYE-India's United Spirits shares fall; Credit Suisse downgrades

* Shares in India's United Spirits Ltd fall 0.6 percent after Credit Suisse downgraded the stock to "neutral" from "outperform", citing a lack of immediate triggers. * Credit Suisse says the spirits maker has already agreed to sell Whyte & Mackay to Emperador Inc, while Diageo Pls has raised its share offer. * United Spirits' stock price has fallen 3.2 percent so far this month as of Wednesday's close, underperforming a 6.2 percent gain in the NSE index. * Shares in the spirits maker had a

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