Radico Khaitan Faces Continued Decline Amid Broader Market Weakness

Jan 13 2025 11:30 AM IST
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Radico Khaitan Ltd. faced a decline on January 13, 2025, marking its sixth consecutive day of losses, with a total drop of 14.28% during this period. The stock's performance is mixed, positioned above its 200-day moving average but below several shorter-term averages.
Radico Khaitan Ltd., a key player in the breweries and distilleries sector, experienced a decline of 3.12% on January 13, 2025, underperforming against the sector's overall drop of 2.21%. This marks the sixth consecutive day of losses for the stock, which has seen a total decline of 14.28% during this period.

On this trading day, Radico Khaitan reached an intraday low of Rs 2210.6, reflecting a decrease of 3.06%. Analyzing its moving averages, the stock is currently positioned above its 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term performance.

In the broader market context, Radico Khaitan's one-day performance contrasts with the Sensex, which fell by 0.66%. Over the past month, the stock has declined by 8.55%, compared to the Sensex's decrease of 6.41%.
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