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(27/09/2012 10:13)

Investors give thumbs-up to United Spirits on confirmation of stake sale to Diageo; scrip hits 52-week high

Buoyed by the confirmation that United Spirits is in stake sale talks with Diageo, the world's biggest drinks company by sales, shares of the Vijay Mallya led company touched 52-week high, soaring over 9 per cent on the Bombay Stock Exchange.

Continuing its upmove for second consecutive session today, shares of the company started on positive note and witnessed a gain of as much as 9.58 per cent to trade at Rs 1,268.50 a piece on BSE.

In a similar fashion, shares of the company were trading at Rs 1,263.00, up 9.14 per cent on the National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 18,684.53, up 52.36 points or 0.28 per cent at 10:10 hours.
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