- Why it’s recommended : United Spirits Limited, traded on the NSE as UNITDSPR manufactures, sells, and distributes a massive portfolio of spirits. The stock has been performing well after some sharp profit booking at the double top seen in earlier part of 2026July the prices dipped down into the cloud region. The strong surge beyond its former highs around 1400 has demonstrated a possible upmove and is now moving higher. The Relative Strength Index is also witnessing a strong push seen is suggesting more potential upside .
- Key metrics:
- P/E Ratio : 54.40,
- 52-week high: ₹1489,
- Volume: 3.95M
- Technical analysis: Support at ₹1300, resistance at ₹1700.
- Risk factors: State-Level Control, Policy changes and structural headwinds and Supply Chain & Margin Pressures.
- Buy : above ₹1470
- Stop loss: ₹1420
- Target price: ₹1630 (2 Months)
Stock market recap
Sectoral performance was broadly negative, with Realty, Oil & Gas, Infrastructure, PSU Banks, and Energy leading the declines, while Metals, Pharma, FMCG, and IT also closed lower.
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