LSE:DGEBeverage
Diageo (LSE:DGE) Pushes Further Into India As Undervalued Narrative Holds
Diageo (LSE:DGE) is back in focus after its majority-owned United Spirits agreed to acquire a 10.1% stake in Indian start-up Nuvola Spirits, with board representation and an option to increase ownership.
See our latest analysis for Diageo.
At a latest share price of £15.625, Diageo’s 90 day share price return of 6.36% contrasts with a 1 year total shareholder return that has declined 17.9%. Recent momentum therefore follows a weaker multi year stretch.
If this Diageo update has you thinking...