United Spirits, engaged in manufacturing
of beverage alcohol,gained on Tuesday after the Securities and
Exchange Board of India (SEBI) has cleared Diageo Plc's open offer
for the Indian company.
During the quarter, Diageo and the company applied for
permission from SEBI and Competition Commission of India (CCI). 
Shares ofthe companysettled at Rs
1,891.55, up Rs 35.8, or 1.93% at the Bombay Stock Exchange (BSE)
on Tuesday at 3:31 p.m.The scrip has touched an intra-day high of
Rs 1,929.90 and low of Rs 1,836.50. The total volume of shares
traded at the BSE is 688,616.In the earlier session, the shares
fell 0.53%, or Rs 9.95, at Rs 1,855.75. Currently, the stock is
trading down 11.98% from its 52-week high of Rs 2,149 and above
295.27% over the 52-week low of Rs 478.55.
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