United Spirits, engaged in manufacturing of beverage alcohol, witnessed a rise in share price on Friday after the company disclosed a steady growth in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 15.86% to Rs 825.40 million from Rs 712.40 million in the same quarter last year.

Revenues for the quarter rose 12.46% to Rs 60,388 million, compared with Rs 53,699 million for the prior year period.

Shares of United Spirits are trading at Rs 2,302.90, up Rs 27.35, or 1.20% at the Bombay Stock Exchange (BSE) on Friday at 10:06 a.m.

The scrip has touched an intra-day high of Rs 2,325 and low of Rs 2,263. The total volume of shares traded at the BSE is 57,164.

Total volume of shares traded on the bourses today was lower by 72.87% to 120,608 compared with 22-day average volume of 444,482.