Radico Khaitan Ltd. sees positive stock performance and outperforms sector and Sensex

Radico Khaitan Ltd., a largecap company in the breweries and distilleries industry, has seen a positive trend in its stock performance on October 24, 2024. The stock has gained 3.17% and closed at Rs 2280.05. MarketsMOJO has given a 'Hold' call for the stock.

The stock is currently trading close to its 52-week high of Rs 2331.2, with a difference of only 2.25%. It has also outperformed the sector by 4.26% today. Radico Khaitan has been on a consecutive gain for the last 2 days and has seen a rise of 4.51% during this period. The stock touched an intraday high of Rs 2296.15, showing a 2.97% 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 positive trend for the stock.

However, the breweries and distilleries sector has seen a decline of -2.05%. Despite this, Radico Khaitan has managed to outperform the sector.

In comparison to the Sensex performance, Radico Khaitan has shown a positive trend with a 1-day performance of 3.17% while the Sensex has seen a slight decline of -0.04%. In the last month, Radico Khaitan has also outperformed the Sensex with a 7.23% increase compared to the Sensex's -5.72% decline.

Overall, Radico Khaitan Ltd. has shown a positive trend in its stock performance on October 24, 2024, and has been performing well in the past month compared to the Sensex. MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance.