United Spirits is a pretty good bet long term: Vinay Khattar

United Spirits is a pretty good bet long term: Vinay Khattar - Economic TimesYou are here: home page > CollectionsUnited Spirits is a pretty good bet long term: Vinay KhattarET now April 15, 2014, 15:47 ISTTags: United Spirits|stock markets|Shares|Settlement option|premium|open|net worth|liquor|Insurability|Edelweiss Services|distribution| Tribunal ' BSE(one of the largest distribution...)

In a chat with and now, Vinay Khattar, research (individual customers), Edelweiss Financial Services Limited Manager, shares his views on United spirits. Excerpts:

AND now: what is the advice to your customers on United spirits, people who sit on the stock believe that they can hold this stock for the next two years, advise you offers in the open offer or stay with United Spirits?

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Vinay Khattar:United spirits has been a good business for people who look at short time gains. It is logical for you to tender in the open offer. But if you want to stay long with views of investment from five to seven years, it is a very good strain to hold firmly. You have a new direction that came in. You have one of the largest distribution implemented in India that you could use to introduce new products, premium whiskies and liqueurs premium in the country.

Now the only thing that you can keep an eye out for is very high valuations, you are not buying low-priced action and if you are looking at short-term returns, and then some that has already taken into account in the price.

The two gentlemen as well as the ladies start to consume liquor so open up new segments of the market which is clearly positive and dominance of brand with a good distribution reach this could be a very very good play Indian consumption.

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