The Economic Times
English EditionEnglish Editionहिन्दी
| 07 March, 2021, 07:34 AM IST | E-Paper
Search
+

    United Spirits is eyeing off trade markets: Why it is stock pick of the week

    Synopsis

    Continued premiumisation happening in the liquor sector is good for strong players like United Spirits. The company has more than 80 strong brands and continues to invest in its premium brands which now contribute around 70% of its revenues.

    United Spirits was able to report a solid set of numbers for the third quarter of 2020-21, even though the recovery was not as strong as the street expected. Despite the current operational challenges, the company was able to report q-o-q volume and revenue growths of 7% and 16% respectively and bring its third quarter revenues close to that of the same period last year. Though more than 85% of trade channels like bars, pubs, clubs, etc are
    Share This Article
    • GIFT ARTICLE
    • FONT SIZE
    • SAVE
    • COMMENT

    Sign in to read the full article

    You’ve got this Prime Story as a Free Gift

    Why ?

    • Sharp Insight-rich, Indepth stories across 20+ sectors

    • Access the exclusive Economic Times stories, Editorial and Expert opinion

    • Clean experience with
      Minimal Ads
    • Comment & Engage with ET Prime community
    • Exclusive invites to Virtual Events with Industry Leaders
    • A trusted team of Journalists & Analysts who can best filter signal from noise
    The Economic Times