Radico Khaitan Achieves 52-Week High Amid Strong Financial Performance and Market Position

Radico Khaitan, a prominent player in the beverages industry, has made headlines today as its stock price reached a new 52-week high of Rs. 2790, marking a significant milestone for the company. This achievement comes after a robust performance, with the stock outperforming its sector by 0.48%. Over the past week, Radico Khaitan has demonstrated impressive momentum, gaining 10.4% and continuing a streak of seven consecutive days of growth.
The company’s strong financial metrics further bolster its market position. With a low Debt to EBITDA ratio of 0.96 times, Radico Khaitan showcases a solid ability to manage its debt. Recent quarterly results have been positive, with a notable 45.33% growth in profit after tax over the last six months. Additionally, the company boasts a high return on capital employed (ROCE) of 15.45% and a low debt-equity ratio of 0.27 times, indicating a strong balance sheet.

Radico Khaitan's stock is currently trading above its moving averages, reflecting a bullish technical trend. With high institutional holdings at 43.73%, the company is well-positioned in the market, having consistently outperformed the BSE 500 over the past three years.