Radico Khaitan Ltd. Reaches All-Time High Stock Price, Outperforms Sector and Sensex

Radico Khaitan Ltd., a largecap company in the breweries industry, has recently reached an all-time high stock price on August 30th, 2024. The stock is currently trading at Rs 1908, which is only 1.39% away from its 52-week high. This positive performance has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Radico Khaitan's stock is 'Hold'. This is based on the stock's performance today, where it has outperformed the sector by 2.95%. The stock also touched an intraday high of Rs 1905, showing a 4.84% increase.

In terms of moving averages, Radico Khaitan is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend in the stock's performance.

Compared to the Sensex, Radico Khaitan has shown a remarkable 1-year performance of 52.48%, while the Sensex has only grown by 26.63%. This further highlights the company's strong position in the market.

With its consistent growth and positive performance, Radico Khaitan Ltd. is definitely a company to watch out for in the breweries industry. Investors and analysts are keeping a close eye on this largecap company, as it continues to make strides in the market.