Radico Khaitan Reaches New Stock Milestone Amid Strong Financial Performance

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. 2954.7. This milestone reflects a robust performance, with the stock outperforming its sector by 1.22%. The intraday high of Rs. 2954.7 marks a 3.02% increase, showcasing the stock's strong momentum.
In terms of moving averages, Radico Khaitan is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive trend in its price action. Over the past year, the stock has delivered impressive returns of 44.22%, significantly outpacing the Sensex, which has seen a decline of 1.17% during the same period.

The company has demonstrated strong financial health, highlighted by a low Debt to EBITDA ratio of 0.96 times and consistent growth in net sales and operating profit. With a high institutional holding of 43.74%, Radico Khaitan continues to attract attention for its solid fundamentals and market performance. As the Sensex remains close to its 52-week high, Radico Khaitan's achievements further underscore its position in the midcap segment of the market.