Recovery Officer Debt Recovery Tribunal on Friday offloaded shares worth over Rs 716 crore in United Spirits Ltd, through an open market transaction. Bulk deal data on the BSE showed that Recovery Officer I DRT II sold over 1.13 crore shares at an average price of Rs 630.93 apiece.

This translated into a total deal value of Rs 716.15 crore.

On the BSE, shares of United Spirits ended 2.27 per cent higher at Rs 665.6 apiece.

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United Spirits share price: Buy United Spirits, target price Rs 685: Motilal Oswal