Radico Khaitan Achieves All-Time High Stock Price Amid Strong Market Performance

Radico Khaitan, a prominent player in the Breweries & Distilleries sector, has made headlines today as its stock price reached an all-time high of Rs. 2660. This milestone reflects a significant performance, with the stock outperforming its sector by 6.01%. Throughout the trading session, Radico Khaitan exhibited high volatility, with an intraday fluctuation of 60.87%, indicating active market engagement.
The stock has shown robust performance metrics, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Radico Khaitan has delivered an impressive return of 50.90%, significantly surpassing the Sensex's 9.90% gain. Additionally, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.04 times and a solid return on capital employed (ROCE) of 15.45%.

Institutional holdings stand at 43.73%, suggesting confidence from larger investors in the company's fundamentals. With consistent returns over the last three years and positive results reported for the last three consecutive quarters, Radico Khaitan continues to solidify its position in the market.