Radico Khaitan Ltd. Stock Sees Slight Dip, But Still a 'Buy' Call According to MarketsMOJO

Radico Khaitan Ltd., one of the leading breweries and distilleries in India, has seen a slight dip in its stock price on October 25th, 2024. The company's stock has fallen by -3.72%, closing at Rs. 2415.75. However, this dip in stock price should not be a cause for concern for investors.

According to MarketsMOJO, a leading stock market analysis platform, Radico Khaitan's stock is still a 'Buy' call. The company's stock has been performing well in the market, hitting a new 52-week and all-time high of Rs. 2525.5 today. It has also outperformed the sector by -2.35% and has shown a trend reversal after two consecutive days of gains.

The stock opened with a gap up of 3.74% today and touched an intraday high of Rs. 2525.5, showing a high volatility of 6.1%. It also traded above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Radico Khaitan's stock has performed better in the past month, with a 4.91% increase, while the Sensex has seen a -7.02% decline. Even though the stock has seen a slight dip today, it has still outperformed the Sensex's performance of -1.10%.

Overall, Radico Khaitan Ltd. continues to be a strong player in the market, with a positive trend and strong performance. Investors can continue to hold onto their stocks and expect a steady growth in the future.