Radico Khaitan Achieves Record Trading Volume Amid Strong Market Performance
Radico Khaitan Ltd. has become one of the most actively traded stocks, with over 1.27 million shares exchanged and a market capitalization of Rs 38,474 crores. The stock reached a new all-time high and has shown consistent gains, indicating strong investor interest and robust performance in the beverages sector.
Radico Khaitan Ltd., a prominent player in the beverages industry, has emerged as one of the most active equities today, with a total traded volume of 1,273,747 shares and a total traded value of approximately Rs 36.38 crores. The stock opened at Rs 2,768.0 and reached an intraday high of Rs 2,924.0, reflecting a notable increase of 5.9%. The last traded price stands at Rs 2,920.8.Today marks a significant milestone for Radico Khaitan, as it hit a new 52-week and all-time high of Rs 2,895.8. The stock has shown strong performance, outperforming its sector by 5.78% and achieving a consecutive gain over the last four days, with a total return of 7.41% during this period.
Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Investor participation has also surged, with delivery volume on July 31 rising by 377.87% compared to the 5-day average. With a market capitalization of Rs 38,474 crores, Radico Khaitan continues to demonstrate strong liquidity, making it a significant entity in the large-cap segment of the market. Overall, the stock's performance today reflects its solid position within the beverages industry.
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