25 XP   0   0   10

United Spirits Limited
Buy, Hold or Sell?

Let's analyse United Spirits Limited together

PenkeI guess you are interested in United Spirits Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of United Spirits Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about United Spirits Limited

I send you an email if I find something interesting about United Spirits Limited.

Quick analysis of United Spirits Limited (30 sec.)










What can you expect buying and holding a share of United Spirits Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
INR84.49
Expected worth in 1 year
INR147.85
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR63.36
Return On Investment
5.6%

For what price can you sell your share?

Current Price per Share
INR1,139.45
Expected price per share
INR1,048 - INR1,182
How sure are you?
50%

1. Valuation of United Spirits Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,139.45

Intrinsic Value Per Share

INR15.14 - INR103.55

Total Value Per Share

INR99.64 - INR188.04

2. Growth of United Spirits Limited (5 min.)




Is United Spirits Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$719.9m$584.9m$134.9m18.7%

How much money is United Spirits Limited making?

Current yearPrevious yearGrowGrow %
Making money$136.3m$99.4m$36.9m27.1%
Net Profit Margin10.7%8.6%--

How much money comes from the company's main activities?

3. Financial Health of United Spirits Limited (5 min.)




What can you expect buying and holding a share of United Spirits Limited? (5 min.)

Welcome investor! United Spirits Limited's management wants to use your money to grow the business. In return you get a share of United Spirits Limited.

What can you expect buying and holding a share of United Spirits Limited?

First you should know what it really means to hold a share of United Spirits Limited. And how you can make/lose money.

Speculation

The Price per Share of United Spirits Limited is INR1,139. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of United Spirits Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in United Spirits Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR84.49. Based on the TTM, the Book Value Change Per Share is INR15.84 per quarter. Based on the YOY, the Book Value Change Per Share is INR11.49 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of United Spirits Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.190.0%0.190.0%0.140.0%0.130.0%-0.030.0%
Usd Book Value Change Per Share0.190.0%0.190.0%0.140.0%0.120.0%0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.190.0%0.190.0%0.140.0%0.120.0%0.020.0%
Usd Price Per Share9.09-9.09-10.64-7.78-7.28-
Price to Earnings Ratio47.33-47.33-76.01-67.01-93.66-
Price-to-Total Gains Ratio47.82-47.82-77.19-69.80-130.63-
Price to Book Ratio8.97-8.97-12.92-10.76-20.25-
Price-to-Total Gains Ratio47.82-47.82-77.19-69.80-130.63-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share13.6734
Number of shares73
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.190.12
Usd Total Gains Per Share0.190.12
Gains per Quarter (73 shares)13.888.80
Gains per Year (73 shares)55.5035.20
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10564603525
2011110207060
30167158010695
402222140141130
502782700176165
603333260211200
703893820246235
804444380282270
905004940317305
1005555500352340

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%15.05.00.075.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%18.02.00.090.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%3.00.07.030.0%13.00.07.065.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%18.02.00.090.0%

Fundamentals of United Spirits Limited

About United Spirits Limited

United Spirits Limited manufactures, purchases, and sells alcoholic beverages and other allied spirits in India and internationally. Its alcoholic beverages include Scotch whisky, Indian made foreign liquor whisky, brandy, rum, vodka, and gin. The company primarily owns McDowell's No.1, Royal Challenge, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum, and McDowell's Brandy brands. It also manufactures, imports, and sells Diageo's iconic brands, such as Haig Gold Label, Captain Morgan, Johnnie Walker, J&B, Baileys, Lagavulin, Talisker, VAT 69, Black & White, Smirnoff, and Ciroc. In addition, the company holds the perpetual right to the Bangalore Franchise of Board of Control for Cricket in India "Indian Premier League. It exports its products. The company was formerly known as McDowell & Company Limited and changed its name to United Spirits Limited in October 2006. United Spirits Limited was founded in 1826 and is headquartered in Bengaluru, India. United Spirits Limited operates as a subsidiary of Relay B.V.

Fundamental data was last updated by Penke on 2024-03-23 13:56:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of United Spirits Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit United Spirits Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • A Net Profit Margin of 10.7% means that ₹0.11 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of United Spirits Limited:

  • The MRQ is 10.7%. The company is making a huge profit. +2
  • The TTM is 10.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.7%TTM10.7%0.0%
TTM10.7%YOY8.6%+2.1%
TTM10.7%5Y7.6%+3.1%
5Y7.6%10Y-0.4%+8.0%
1.1.2. Return on Assets

Shows how efficient United Spirits Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • 11.6% Return on Assets means that United Spirits Limited generated ₹0.12 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of United Spirits Limited:

  • The MRQ is 11.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 11.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ11.6%TTM11.6%0.0%
TTM11.6%YOY9.3%+2.3%
TTM11.6%5Y8.0%+3.6%
5Y8.0%10Y0.8%+7.2%
1.1.3. Return on Equity

Shows how efficient United Spirits Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • 18.9% Return on Equity means United Spirits Limited generated ₹0.19 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of United Spirits Limited:

  • The MRQ is 18.9%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 18.9%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.9%TTM18.9%0.0%
TTM18.9%YOY16.7%+2.2%
TTM18.9%5Y16.8%+2.1%
5Y16.8%10Y-23.4%+40.2%

1.2. Operating Efficiency of United Spirits Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient United Spirits Limited is operating .

  • Measures how much profit United Spirits Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • An Operating Margin of 14.9% means the company generated ₹0.15  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of United Spirits Limited:

  • The MRQ is 14.9%. The company is operating less efficient.
  • The TTM is 14.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ14.9%TTM14.9%0.0%
TTM14.9%YOY13.7%+1.2%
TTM14.9%5Y13.2%+1.8%
5Y13.2%10Y6.3%+6.9%
1.2.2. Operating Ratio

Measures how efficient United Spirits Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Beverages - Wineries & Distilleries industry mean).
  • An Operation Ratio of 0.89 means that the operating costs are ₹0.89 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of United Spirits Limited:

  • The MRQ is 0.893. The company is less efficient in keeping operating costs low.
  • The TTM is 0.893. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.893TTM0.8930.000
TTM0.893YOY0.865+0.028
TTM0.8935Y0.880+0.013
5Y0.88010Y0.910-0.030

1.3. Liquidity of United Spirits Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if United Spirits Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Beverages - Wineries & Distilleries industry mean).
  • A Current Ratio of 1.72 means the company has ₹1.72 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of United Spirits Limited:

  • The MRQ is 1.720. The company is able to pay all its short-term debts. +1
  • The TTM is 1.720. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.720TTM1.7200.000
TTM1.720YOY1.345+0.375
TTM1.7205Y1.233+0.488
5Y1.23310Y1.052+0.181
1.3.2. Quick Ratio

Measures if United Spirits Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • A Quick Ratio of 1.35 means the company can pay off ₹1.35 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of United Spirits Limited:

  • The MRQ is 1.348. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.348. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.348TTM1.3480.000
TTM1.348YOY0.779+0.569
TTM1.3485Y0.780+0.568
5Y0.78010Y0.567+0.213

1.4. Solvency of United Spirits Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of United Spirits Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare United Spirits Limited to Beverages - Wineries & Distilleries industry mean.
  • A Debt to Asset Ratio of 0.39 means that United Spirits Limited assets are financed with 38.5% credit (debt) and the remaining percentage (100% - 38.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of United Spirits Limited:

  • The MRQ is 0.385. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.385. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.385TTM0.3850.000
TTM0.385YOY0.453-0.068
TTM0.3855Y0.521-0.136
5Y0.52110Y0.664-0.142
1.4.2. Debt to Equity Ratio

Measures if United Spirits Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • A Debt to Equity ratio of 62.7% means that company has ₹0.63 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of United Spirits Limited:

  • The MRQ is 0.627. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.627. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.627TTM0.6270.000
TTM0.627YOY0.815-0.188
TTM0.6275Y1.173-0.546
5Y1.17310Y3.119-1.946

2. Market Valuation of United Spirits Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings United Spirits Limited generates.

  • Above 15 is considered overpriced but always compare United Spirits Limited to the Beverages - Wineries & Distilleries industry mean.
  • A PE ratio of 47.33 means the investor is paying ₹47.33 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of United Spirits Limited:

  • The EOD is 71.202. Based on the earnings, the company is expensive. -2
  • The MRQ is 47.335. Based on the earnings, the company is overpriced. -1
  • The TTM is 47.335. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD71.202MRQ47.335+23.867
MRQ47.335TTM47.3350.000
TTM47.335YOY76.010-28.675
TTM47.3355Y67.014-19.679
5Y67.01410Y93.659-26.645
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of United Spirits Limited:

  • The EOD is 169.227. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 112.501. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 112.501. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD169.227MRQ112.501+56.726
MRQ112.501TTM112.5010.000
TTM112.501YOY74.676+37.825
TTM112.5015Y64.499+48.002
5Y64.49910Y-25.210+89.709
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of United Spirits Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Beverages - Wineries & Distilleries industry mean).
  • A PB ratio of 8.97 means the investor is paying ₹8.97 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of United Spirits Limited:

  • The EOD is 13.486. Based on the equity, the company is expensive. -2
  • The MRQ is 8.965. Based on the equity, the company is overpriced. -1
  • The TTM is 8.965. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD13.486MRQ8.965+4.520
MRQ8.965TTM8.9650.000
TTM8.965YOY12.920-3.955
TTM8.9655Y10.756-1.791
5Y10.75610Y20.254-9.498
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of United Spirits Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--15.84015.8400%11.491+38%10.047+58%1.692+836%
Book Value Per Share--84.49384.4930%68.654+23%61.142+38%44.151+91%
Current Ratio--1.7201.7200%1.345+28%1.233+40%1.052+64%
Debt To Asset Ratio--0.3850.3850%0.453-15%0.521-26%0.664-42%
Debt To Equity Ratio--0.6270.6270%0.815-23%1.173-47%3.119-80%
Dividend Per Share----0%-0%-0%0.053-100%
Eps--16.00316.0030%11.670+37%10.443+53%-2.199+114%
Free Cash Flow Per Share--6.7336.7330%11.878-43%12.147-45%5.773+17%
Free Cash Flow To Equity Per Share---0.321-0.3210%2.189-115%-0.370+15%-7.904+2362%
Gross Profit Margin--0.1890.1890%-0.325+272%-0.603+419%-1.089+677%
Intrinsic Value_10Y_max--103.549--------
Intrinsic Value_10Y_min--15.142--------
Intrinsic Value_1Y_max--13.187--------
Intrinsic Value_1Y_min--4.748--------
Intrinsic Value_3Y_max--37.479--------
Intrinsic Value_3Y_min--11.553--------
Intrinsic Value_5Y_max--59.189--------
Intrinsic Value_5Y_min--15.331--------
Market Cap809072142403.200+34%537866644320.000537866644320.0000%629818763712.000-15%460555858533.120+17%432541488735.213+24%
Net Profit Margin--0.1070.1070%0.086+25%0.076+40%-0.004+104%
Operating Margin--0.1490.1490%0.137+9%0.132+13%0.063+137%
Operating Ratio--0.8930.8930%0.865+3%0.880+1%0.910-2%
Pb Ratio13.486+34%8.9658.9650%12.920-31%10.756-17%20.254-56%
Pe Ratio71.202+34%47.33547.3350%76.010-38%67.014-29%93.659-49%
Price Per Share1139.450+34%757.500757.5000%887.000-15%648.620+17%606.289+25%
Price To Free Cash Flow Ratio169.227+34%112.501112.5010%74.676+51%64.499+74%-25.210+122%
Price To Total Gains Ratio71.937+34%47.82347.8230%77.193-38%69.804-31%130.630-63%
Quick Ratio--1.3481.3480%0.779+73%0.780+73%0.567+138%
Return On Assets--0.1160.1160%0.093+25%0.080+45%0.008+1354%
Return On Equity--0.1890.1890%0.167+13%0.168+13%-0.234+224%
Total Gains Per Share--15.84015.8400%11.491+38%10.047+58%1.744+808%
Usd Book Value--719940000.000719940000.0000%584976000.000+23%520970400.000+38%376869367.200+91%
Usd Book Value Change Per Share--0.1900.1900%0.138+38%0.121+58%0.020+836%
Usd Book Value Per Share--1.0141.0140%0.824+23%0.734+38%0.530+91%
Usd Dividend Per Share----0%-0%-0%0.001-100%
Usd Eps--0.1920.1920%0.140+37%0.125+53%-0.026+114%
Usd Free Cash Flow--57372000.00057372000.0000%101208000.000-43%103497600.000-45%49062792.000+17%
Usd Free Cash Flow Per Share--0.0810.0810%0.143-43%0.146-45%0.069+17%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%0.026-115%-0.004+15%-0.095+2362%
Usd Market Cap9708865708.838+34%6454399731.8406454399731.8400%7557825164.544-15%5526670302.397+17%5190497864.823+24%
Usd Price Per Share13.673+34%9.0909.0900%10.644-15%7.783+17%7.275+25%
Usd Profit--136356000.000136356000.0000%99432000.000+37%87991200.000+55%-9706351.200+107%
Usd Revenue--1273392000.0001273392000.0000%1158564000.000+10%1126356000.000+13%1115340822.000+14%
Usd Total Gains Per Share--0.1900.1900%0.138+38%0.121+58%0.021+808%
 EOD+4 -4MRQTTM+0 -0YOY+23 -115Y+27 -710Y+31 -5

3.2. Fundamental Score

Let's check the fundamental score of United Spirits Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1571.202
Price to Book Ratio (EOD)Between0-113.486
Net Profit Margin (MRQ)Greater than00.107
Operating Margin (MRQ)Greater than00.149
Quick Ratio (MRQ)Greater than11.348
Current Ratio (MRQ)Greater than11.720
Debt to Asset Ratio (MRQ)Less than10.385
Debt to Equity Ratio (MRQ)Less than10.627
Return on Equity (MRQ)Greater than0.150.189
Return on Assets (MRQ)Greater than0.050.116
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of United Spirits Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.609
Ma 20Greater thanMa 501,134.730
Ma 50Greater thanMa 1001,118.725
Ma 100Greater thanMa 2001,096.800
OpenGreater thanClose1,122.650
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Total Other Income Expense Net -1,672,000472,000-1,200,000-1,075,000-2,275,00098,000-2,177,0003,615,0001,438,000



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets97,615,000
Total Liabilities37,620,000
Total Stockholder Equity59,995,000
 As reported
Total Liabilities 37,620,000
Total Stockholder Equity+ 59,995,000
Total Assets = 97,615,000

Assets

Total Assets97,615,000
Total Current Assets62,346,000
Long-term Assets35,269,000
Total Current Assets
Cash And Cash Equivalents 1,151,000
Short-term Investments 11,600,000
Net Receivables 24,503,000
Inventory 22,300,000
Other Current Assets 2,792,000
Total Current Assets  (as reported)62,346,000
Total Current Assets  (calculated)62,346,000
+/-0
Long-term Assets
Property Plant Equipment 12,177,000
Goodwill 13,000
Intangible Assets 3,727,000
Long-term Assets Other 17,478,000
Long-term Assets  (as reported)35,269,000
Long-term Assets  (calculated)33,395,000
+/- 1,874,000

Liabilities & Shareholders' Equity

Total Current Liabilities36,243,000
Long-term Liabilities1,377,000
Total Stockholder Equity59,995,000
Total Current Liabilities
Short-term Debt 1,030,000
Short Long Term Debt 8,000
Accounts payable 17,825,000
Other Current Liabilities 7,982,000
Total Current Liabilities  (as reported)36,243,000
Total Current Liabilities  (calculated)26,845,000
+/- 9,398,000
Long-term Liabilities
Long term Debt Total 803,000
Capital Lease Obligations Min Short Term Debt792,000
Long-term Liabilities  (as reported)1,377,000
Long-term Liabilities  (calculated)1,595,000
+/- 218,000
Total Stockholder Equity
Retained Earnings -3,080,000
Accumulated Other Comprehensive Income 16,977,000
Capital Surplus 45,689,000
Total Stockholder Equity (as reported)59,995,000
Total Stockholder Equity (calculated)59,586,000
+/- 409,000
Other
Capital Stock1,455,000
Cash And Equivalents7,682,000
Cash and Short Term Investments 12,751,000
Common Stock Shares Outstanding 709,630
Current Deferred Revenue9,406,000
Liabilities and Stockholders Equity 97,615,000
Net Debt 682,000
Net Invested Capital 60,006,000
Net Working Capital 26,103,000
Property Plant and Equipment Gross 12,177,000
Short Long Term Debt Total 1,833,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-31
> Total Assets 
8,991,450
16,444,770
32,597,300
37,488,920
101,251,100
118,418,450
114,057,931
129,169,620
158,565,435
163,848,816
148,576,088
78,885,107
85,601,853
88,959,000
89,563,000
91,089,000
88,513,000
85,370,000
89,113,000
97,615,000
97,615,00089,113,00085,370,00088,513,00091,089,00089,563,00088,959,00085,601,85378,885,107148,576,088163,848,816158,565,435129,169,620114,057,931118,418,450101,251,10037,488,92032,597,30016,444,7708,991,450
   > Total Current Assets 
5,844,370
12,032,160
14,413,110
18,930,230
34,709,740
41,105,300
49,579,332
61,842,379
60,725,083
59,330,546
69,865,942
48,632,376
55,058,253
57,491,000
57,362,000
52,638,000
48,703,000
48,030,000
51,634,000
62,346,000
62,346,00051,634,00048,030,00048,703,00052,638,00057,362,00057,491,00055,058,25348,632,37669,865,94259,330,54660,725,08361,842,37949,579,33241,105,30034,709,74018,930,23014,413,11012,032,1605,844,370
       Cash And Cash Equivalents 
198,280
5,088,000
3,611,420
5,778,010
5,437,840
4,490,020
7,686,307
6,369,964
3,632,266
2,413,076
6,057,092
2,628,598
1,290,392
785,000
1,419,000
2,164,000
661,000
778,000
545,000
1,151,000
1,151,000545,000778,000661,0002,164,0001,419,000785,0001,290,3922,628,5986,057,0922,413,0763,632,2666,369,9647,686,3074,490,0205,437,8405,778,0103,611,4205,088,000198,280
       Short-term Investments 
0
0
0
0
0
0
0
0
189,167
17,351
1,736,484
1,262,726
1,228,033
1,000
1,676,000
893,000
127,000
171,000
2,460,000
11,600,000
11,600,0002,460,000171,000127,000893,0001,676,0001,0001,228,0331,262,7261,736,48417,351189,16700000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
24,421,000
30,735,000
29,904,000
29,942,000
26,070,000
24,104,000
24,440,000
24,503,000
24,503,00024,440,00024,104,00026,070,00029,942,00029,904,00030,735,00024,421,000000000000000
       Inventory 
1,342,440
1,627,530
2,945,270
3,552,860
14,850,030
17,458,040
17,462,479
21,168,196
27,547,602
25,112,021
29,351,192
17,581,119
17,954,018
19,276,000
19,197,000
19,343,000
19,275,000
20,519,000
21,567,000
22,300,000
22,300,00021,567,00020,519,00019,275,00019,343,00019,197,00019,276,00017,954,01817,581,11929,351,19225,112,02127,547,60221,168,19617,462,47917,458,04014,850,0303,552,8602,945,2701,627,5301,342,440
       Other Current Assets 
4,303,650
5,316,630
7,856,420
9,599,360
14,421,870
19,157,240
24,430,546
34,304,219
29,356,048
31,788,098
32,721,174
27,159,933
34,585,810
37,429,000
35,070,000
296,000
2,570,000
2,458,000
2,622,000
2,792,000
2,792,0002,622,0002,458,0002,570,000296,00035,070,00037,429,00034,585,81027,159,93332,721,17431,788,09829,356,04834,304,21924,430,54619,157,24014,421,8709,599,3607,856,4205,316,6304,303,650
   > Long-term Assets 
3,147,080
4,412,610
18,184,190
18,558,690
66,541,360
77,313,150
64,478,599
67,327,241
97,840,352
104,518,270
78,710,146
30,252,731
30,543,600
31,468,000
32,201,000
38,451,000
39,810,000
37,340,000
37,479,000
35,269,000
35,269,00037,479,00037,340,00039,810,00038,451,00032,201,00031,468,00030,543,60030,252,73178,710,146104,518,27097,840,35267,327,24164,478,59977,313,15066,541,36018,558,69018,184,1904,412,6103,147,080
       Property Plant Equipment 
2,263,580
2,401,080
4,864,380
5,190,490
11,162,540
16,557,870
12,923,727
15,674,100
21,268,351
21,617,023
23,001,460
15,593,780
16,623,368
16,547,000
14,732,000
15,201,000
16,554,000
15,774,000
15,635,000
12,177,000
12,177,00015,635,00015,774,00016,554,00015,201,00014,732,00016,547,00016,623,36815,593,78023,001,46021,617,02321,268,35115,674,10012,923,72716,557,87011,162,5405,190,4904,864,3802,401,0802,263,580
       Goodwill 
0
0
0
0
0
0
0
0
51,674,025
52,045,471
29,019,254
620,280
1,124,531
680,000
361,000
493,000
210,000
210,000
210,000
13,000
13,000210,000210,000210,000493,000361,000680,0001,124,531620,28029,019,25452,045,47151,674,02500000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
82,000
0
0
252,000
0
0
0
0
0000252,0000082,000000000000000
       Intangible Assets 
67,860
1,464,550
10,835,290
11,324,130
53,259,730
44,738,320
47,435,007
0
6,943,818
6,340,390
6,079,707
4,137,206
3,971,196
3,933,000
3,838,000
3,902,000
4,006,000
3,840,000
3,660,000
3,727,000
3,727,0003,660,0003,840,0004,006,0003,902,0003,838,0003,933,0003,971,1964,137,2066,079,7076,340,3906,943,818047,435,00744,738,32053,259,73011,324,13010,835,2901,464,55067,860
       Long-term Assets Other 
815,640
546,980
2,484,520
2,044,070
2,119,090
15,098,980
3,405,362
51,327,828
15,382,640
22,233,610
21,204,239
10,120,739
8,801,288
8,069,000
12,155,000
14,692,000
17,231,000
14,325,000
18,062,000
17,478,000
17,478,00018,062,00014,325,00017,231,00014,692,00012,155,0008,069,0008,801,28810,120,73921,204,23922,233,61015,382,64051,327,8283,405,36215,098,9802,119,0902,044,0702,484,520546,980815,640
> Total Liabilities 
6,233,520
13,633,620
22,894,360
22,084,360
78,486,210
94,499,580
76,237,903
87,208,368
111,801,651
115,865,267
118,245,942
72,282,792
67,705,508
71,128,000
65,236,000
60,217,000
51,646,000
44,781,000
40,365,000
37,620,000
37,620,00040,365,00044,781,00051,646,00060,217,00065,236,00071,128,00067,705,50872,282,792118,245,942115,865,267111,801,65187,208,36876,237,90394,499,58078,486,21022,084,36022,894,36013,633,6206,233,520
   > Total Current Liabilities 
2,789,850
3,871,150
7,377,110
7,264,110
11,513,890
16,463,290
17,731,778
20,101,621
55,915,164
64,763,624
104,259,185
59,228,695
59,111,185
61,989,000
57,082,000
51,878,000
49,938,000
43,377,000
38,383,000
36,243,000
36,243,00038,383,00043,377,00049,938,00051,878,00057,082,00061,989,00059,111,18559,228,695104,259,18564,763,62455,915,16420,101,62117,731,77816,463,29011,513,8907,264,1107,377,1103,871,1502,789,850
       Short-term Debt 
5,590
9,490
8,570
8,000
0
0
1
1
21,270,928
35,668,565
73,086,845
38,670,687
35,107,955
32,721,000
26,648,000
20,990,000
24,322,000
9,398,000
4,704,000
1,030,000
1,030,0004,704,0009,398,00024,322,00020,990,00026,648,00032,721,00035,107,95538,670,68773,086,84535,668,56521,270,92811008,0008,5709,4905,590
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
5,108,000
32,655,000
26,605,000
20,894,000
23,560,000
8,745,000
3,408,000
8,000
8,0003,408,0008,745,00023,560,00020,894,00026,605,00032,655,0005,108,000000000000000
       Accounts payable 
1,627,000
2,572,670
4,641,470
4,439,420
8,519,760
9,790,920
10,308,317
13,304,384
19,951,112
22,210,186
18,446,140
7,997,541
7,406,775
12,247,000
14,551,000
14,083,000
11,994,000
14,172,000
15,821,000
17,825,000
17,825,00015,821,00014,172,00011,994,00014,083,00014,551,00012,247,0007,406,7757,997,54118,446,14022,210,18619,951,11213,304,38410,308,3179,790,9208,519,7604,439,4204,641,4702,572,6701,627,000
       Other Current Liabilities 
1,157,260
1,288,990
2,727,070
2,816,690
2,994,130
6,672,370
7,423,460
6,797,236
14,693,124
4,449,845
10,797,836
11,404,588
14,373,575
13,704,000
11,306,000
12,600,000
5,000
1,000
1,000
7,982,000
7,982,0001,0001,0005,00012,600,00011,306,00013,704,00014,373,57511,404,58810,797,8364,449,84514,693,1246,797,2367,423,4606,672,3702,994,1302,816,6902,727,0701,288,9901,157,260
   > Long-term Liabilities 
3,443,670
9,762,470
15,517,250
14,820,250
66,972,320
78,036,290
58,506,125
67,106,747
55,886,487
51,101,643
13,986,757
13,054,097
8,594,323
9,139,000
8,154,000
8,339,000
1,708,000
1,404,000
1,982,000
1,377,000
1,377,0001,982,0001,404,0001,708,0008,339,0008,154,0009,139,0008,594,32313,054,09713,986,75751,101,64355,886,48767,106,74758,506,12578,036,29066,972,32014,820,25015,517,2509,762,4703,443,670
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
8,697,000
7,628,000
7,804,000
1,350,000
947,000
1,350,000
803,000
803,0001,350,000947,0001,350,0007,804,0007,628,0008,697,0000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
1,075,000
442,000
526,000
535,000
358,000
457,000
632,000
0
0632,000457,000358,000535,000526,000442,0001,075,000000000000000
> Total Stockholder Equity
2,737,910
2,727,680
8,417,780
13,692,270
20,772,650
23,856,020
37,735,353
41,786,177
46,617,679
47,872,959
30,322,653
6,595,153
17,879,242
17,856,000
24,191,000
30,903,000
37,280,000
41,198,000
49,537,000
59,995,000
59,995,00049,537,00041,198,00037,280,00030,903,00024,191,00017,856,00017,879,2426,595,15330,322,65347,872,95946,617,67941,786,17737,735,35323,856,02020,772,65013,692,2708,417,7802,727,6802,737,910
   Common Stock
517,200
517,200
604,710
828,930
885,740
1,001,630
1,206,691
1,258,698
1,258,698
1,258,698
1,453,277
1,453,277
1,453,277
1,453,000
1,453,000
1,453,000
1,453,000
1,453,000
1,453,000
1,455,000
1,455,0001,453,0001,453,0001,453,0001,453,0001,453,0001,453,0001,453,2771,453,2771,453,2771,258,6981,258,6981,258,6981,206,6911,001,630885,740828,930604,710517,200517,200
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 
-560,720
-964,480
-1,218,170
-1,764,470
-6,357,130
-6,649,970
-6,493,258
-7,108,028
-9,432,259
-10,721,240
-13,412,507
-8,951,990
-9,271,207
-2,949,000
-4,724,000
-6,759,000
-8,052,000
17,056,000
16,985,000
16,977,000
16,977,00016,985,00017,056,000-8,052,000-6,759,000-4,724,000-2,949,000-9,271,207-8,951,990-13,412,507-10,721,240-9,432,259-7,108,028-6,493,258-6,649,970-6,357,130-1,764,470-1,218,170-964,480-560,720
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
45,682,000
45,722,000
45,682,000
45,731,000
45,740,000
45,751,000
45,680,000
45,689,000
45,689,00045,680,00045,751,00045,740,00045,731,00045,682,00045,722,00045,682,000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
2,781,430
3,174,960
9,031,240
14,627,810
26,244,040
29,504,360
43,021,920
40,753,286
46,909,834
51,305,188
81,134,288
70,465,905
72,391,771
64,600,000
66,264,000
68,368,000
13,869,000
44,643,000
44,643,000
44,643,000
44,643,00044,643,00044,643,00013,869,00068,368,00066,264,00064,600,00072,391,77170,465,90581,134,28851,305,18846,909,83440,753,28643,021,92029,504,36026,244,04014,627,8109,031,2403,174,9602,781,430



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue106,116,000
Cost of Revenue-60,641,000
Gross Profit45,475,00045,475,000
 
Operating Income (+$)
Gross Profit45,475,000
Operating Expense-34,131,000
Operating Income11,348,00011,344,000
 
Operating Expense (+$)
Research Development150,000
Selling General Administrative2,474,000
Selling And Marketing Expenses9,218,000
Operating Expense34,131,00011,842,000
 
Net Interest Income (+$)
Interest Income1,053,000
Interest Expense-1,039,000
Other Finance Cost-1,053,000
Net Interest Income-1,039,000
 
Pretax Income (+$)
Operating Income11,348,000
Net Interest Income-1,039,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)12,786,0009,910,000
EBIT - interestExpense = 14,818,000
12,891,000
12,402,000
Interest Expense1,039,000
Earnings Before Interest and Taxes (EBIT)15,857,00013,825,000
Earnings Before Interest and Taxes (EBITDA)18,682,000
 
After tax Income (+$)
Income Before Tax12,786,000
Tax Provision-1,528,000
Net Income From Continuing Ops11,258,00011,258,000
Net Income11,363,000
Net Income Applicable To Common Shares11,363,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses94,772,000
Total Other Income/Expenses Net1,438,0001,039,000
 

Technical Analysis of United Spirits Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of United Spirits Limited. The general trend of United Spirits Limited is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine United Spirits Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of United Spirits Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,182.

The bearish price targets are: 1,082 > 1,055 > 1,048.

Tweet this
United Spirits Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of United Spirits Limited. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

United Spirits Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of United Spirits Limited. The current macd is -1.79586771.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the United Spirits Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for United Spirits Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the United Spirits Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
United Spirits Limited Daily Moving Average Convergence/Divergence (MACD) ChartUnited Spirits Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of United Spirits Limited. The current adx is 15.75.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy United Spirits Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
United Spirits Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of United Spirits Limited. The current sar is 1,084.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
United Spirits Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of United Spirits Limited. The current rsi is 53.61. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
United Spirits Limited Daily Relative Strength Index (RSI) ChartUnited Spirits Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of United Spirits Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the United Spirits Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
United Spirits Limited Daily Stochastic Oscillator ChartUnited Spirits Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of United Spirits Limited. The current cci is -3.81745619.

United Spirits Limited Daily Commodity Channel Index (CCI) ChartUnited Spirits Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of United Spirits Limited. The current cmo is 11.69.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
United Spirits Limited Daily Chande Momentum Oscillator (CMO) ChartUnited Spirits Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of United Spirits Limited. The current willr is -29.45830797.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that United Spirits Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
United Spirits Limited Daily Williams %R ChartUnited Spirits Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of United Spirits Limited.

United Spirits Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of United Spirits Limited. The current atr is 26.79.

United Spirits Limited Daily Average True Range (ATR) ChartUnited Spirits Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of United Spirits Limited. The current obv is 72,059,856.

United Spirits Limited Daily On-Balance Volume (OBV) ChartUnited Spirits Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of United Spirits Limited. The current mfi is 63.59.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
United Spirits Limited Daily Money Flow Index (MFI) ChartUnited Spirits Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for United Spirits Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

United Spirits Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of United Spirits Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.609
Ma 20Greater thanMa 501,134.730
Ma 50Greater thanMa 1001,118.725
Ma 100Greater thanMa 2001,096.800
OpenGreater thanClose1,122.650
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of United Spirits Limited with someone you think should read this too:
  • Are you bullish or bearish on United Spirits Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about United Spirits Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about United Spirits Limited

I send you an email if I find something interesting about United Spirits Limited.


Comments

How you think about this?

Leave a comment

Stay informed about United Spirits Limited.

Receive notifications about United Spirits Limited in your mailbox!