Radico Khaitan surges 18% in 4 days, hits record high; zooms 170% in 2021

During Q2FY22, Radico Khaitan delivered a robust volume growth led by Prestige & Above category brands.

Shares of Radico Khaitan hit a record high of Rs 1,233.85, up 5 per cent on the BSE in Friday’s intra-day trade, in an otherwise weak market, on expectations of a strong earnings performance in the October-December quarter, in view of robust demand for its products.

In the past four trading days, the stock of the breweries & distilleries company has surged 18 per cent. So far in CY 2021, the market price of Radico Khaitan has appreciated by 170 per cent, against a 20 per cent rise in the S&P BSE Sensex.

At 01:25 pm; it was