In this article we will analyse as in why one should enter and buy the stock United Spirits ( MCdowell ).
- Stock is trading at very low price presently as it faces exit from NSE , the stock is available at throwaway price now
- Result of 2 quarters pending and shall be declared today September 3, 2014, and which is likely to be positive which is push the stock price in upward territory
- The sale of Liquor company is excellent in festive season which starts from October and continues till January end, this will increase the sales volume of united spirits as it is the market ledear in this field
- The prices of several products have been increase by 5-10% recently augurs well for margin of the company in future
- There is another chance of Diageo coming up with another open offer , as the earlier open offer was at 3000 and most of the institutions and mutual funds tendered their share in the open offer , hoping to get into the stock again at lower level, and presently it is the right time to get into the stock as it is trading at 20% lower level of the open offer.
- New open offer is likely to come and the price range may be in around 3300-3500 levels , means stock price will jump all of a sudden when the offer comes
- There is some rumours that , a high divided is likely to be given by the company and dividend may be in range of 125-150 Rs per share.
- Our target for United spirits in coming days is 3500 in one year time frame
- Target of 2800 by year end for United Spirits
- Long term and medium term investors should buy united spirits for huge upside ahead.