Radico Khaitan Achieves 52-Week High Amid Market Recovery and Strong Financial Metrics

Radico Khaitan, a prominent player in the Breweries & Distilleries sector, has made headlines today as its stock price reached a new 52-week high of Rs. 2666, marking a significant milestone for the company. This achievement comes amid a broader market recovery, with the Sensex rebounding sharply after a negative opening, currently trading at 80,800.98.
The stock has demonstrated strong performance metrics, outperforming its sector by 0.99% today. Radico Khaitan is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust technical position. Over the past year, the company has delivered impressive returns of 49.15%, significantly outpacing the Sensex's 9.96% performance.

Financially, Radico Khaitan showcases a strong ability to service its debt, with a low Debt to EBITDA ratio of 1.04 times. The company has reported positive results for three consecutive quarters, with a notable 45.33% growth in profit after tax over the last six months. Additionally, its return on capital employed (ROCE) stands at a commendable 15.45%, reflecting efficient capital utilization.

With high institutional holdings at 43.73%, Radico Khaitan continues to demonstrate its resilience and strong market position in the competitive landscape of the breweries and distilleries industry.