Radico Khaitan hit an upper circuit limit of 5% at Rs 380.45 at 15:00 IST on BSE after net profit rose 84.46% to Rs 47.37 crore on 53.79% increase in revenue from operations to Rs 2115.27 crore in Q1 June 2018 over Q1 June 2017.
The result was announced during trading hours today, 24 July 2018.Meanwhile, the S&P BSE Sensex was up 98.06 points, or 0.27% to 36,816.66.
On the BSE, 1.39 lakh shares were traded in the counter so far compared with average daily volumes of 73,000 shares in the past two weeks. The stock had hit a high of Rs 380.45 and a low of Rs 363 so far during the day. The stock hit a record high of Rs 495 on 30 May 2018. The stock hit a 52-week low of Rs 125.90 on 24 July 2017.
Radico Khaitan is among the oldest and one of the largest manufacturers of Indian Made Foreign Liquor ("IMFL") in India.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
