Radico Khaitan Faces Market Challenges Amid Declining Stock Performance and Trend Reversal

Jan 21 2025 02:00 PM IST
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Radico Khaitan Ltd. experienced a decline on January 21, 2025, reversing a two-day gain streak. The stock's performance over the past month shows a notable decrease, contrasting with the broader market. Its positioning relative to various moving averages indicates mixed trends in its recent trading activity.
Radico Khaitan Ltd., a key player in the breweries and distilleries sector, saw a decline of 3.14% on January 21, 2025, underperforming its sector by 1.91%. This marks a trend reversal following two days of gains. The stock reached an intraday low of Rs 2285, reflecting a decrease of 2.92%.

In terms of moving averages, Radico Khaitan is positioned above its 5-day, 100-day, and 200-day moving averages, but below its 20-day and 50-day moving averages. Over the past month, the stock has declined by 8.21%, while the Sensex experienced a smaller drop of 2.00%. This performance underscores the challenges Radico Khaitan faces in the current market landscape.
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