Page 2 - Radico Khaitan

Wine maker Sula's IPO to open Dec 12, size Rs 900-1,000 crore, say sources

Entire issue will be OFS of nearly 27 million shares belonging to promoters and PE investors

Sobering reality: Three liquor firms served notices for surrogate ads

In its warning, the MCA had said that "during recent sports events that were televised globally", many instances of surrogate advertising had been noticed

Can Bira 91 deal trigger gains for alcohol stocks? Here's what charts say

After an exciting 2021, shares of major alcohol manufacturers have been under pressure so far this year. Here's what charts suggest is in store for them

A sobering reality for alcobev makers despite spirited volume gains

Raw material pressures, lack of pricing power key worries for Street despite spirited volume gains

Analysts remain bearish on liquor companies despite Q1 volume gains

Raw material pressures and lack of pricing power key reasons for this view

Time to raise a toast to liquor stocks? Selectively, say analysts

Analysts believe the worst may be over for the sector, with out-of-home (OOH) consumption picking up, and reduction in taxes by some state governments

Radico Khaitan net declines 32% to Rs 50 cr in Q4; sales up by 9.4%

The company had posted a consolidated net profit of Rs 73.53 crore in the January-March quarter a year ago, Radico Khaitan said in a BSE filing

Radico Khaitan Q3 net profit down 5.8% at Rs 79.13 crore; sales up 8.8%

Liquor maker Radico Khaitan Ltd has reported a decline of 5.88 per cent in its consolidated net profit at Rs 79.13 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 84.08 crore in the October-December quarter a year ago, Radico Khaitan said in a BSE filing on Thursday. However, its revenue from operations was up 8.84 per cent to Rs 3,306.67 crore during the quarter under review as against Rs 3,037.90 crore in the corresponding period a year ago. Radico Khaitan's total expenses were at Rs 3,207.73 crore, up 9.39 per cent in Q3/FY 2021-22, as against Rs 2,932.29 crore. Its sales volume of total Indian-Made Foreign Liquor (IMFL) was up 7.4 per cent during the quarter to 6.98 million cases. Meanwhile, in a separate filing, Radico Khaitan informed that its board in a meeting held on Thursday approved establishment of a new greenfield grain-based distillery in Sitapur, Uttar Pradesh, with a production capacity of up to 330 KL per day

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.

Radico Khaitan soars 11% to a new high on launch of two new premium IMFLs

The company has launched Magic Moments Dazzle Vodka and Royal Ranthambore Heritage Collection Royal Crafted Whisky (blended malt scotch) in the brown and white spirit categories.

Ethanol-petrol blending may push liquor prices up: Radico Khaitan

Prices of Extra Neutral Alcohol (ENA) may face some headwinds as the government pushes towards its target of blending of 10 per cent fuel-grade ethanol with petrol by 2022, said Radico Khaitan

Liquor stocks rally; Globus Spirits zooms 20%, Radico Khaitan surges 10%

In the past two days, Franklin Strategic Emerging Markets Fund IV sold 799,000 shares, representing a 2.7 per cent stake, of Globus Spirits through a bulk deal on the National Stock Exchange

Lupin, Reliance Industries: Stock picks by Ajit Mishra of Religare Broking

We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors

Stock tips by Nilesh Jain of Anand Rathi: Buy Radico Khaitan, Shoppers Stop

The stock of Radico Khaitan has found the support of its rising trend line and has also formed a reversal candle on the daily chart

Radico Khaitan rallies 16% in 3 days, hits fresh 52-week high

The management remains confident of outperforming the industry and strengthen market share in the years to come

Nifty strategy by Anand Rathi: Buy on dips with stop-loss at 11,450

Banknifty has also started joining the market rally

Covid-19 impact: Radico Khaitan Q1 profit falls 19.52% to Rs 44.07 crore

Its total revenue from operations declined 33.70% to Rs 1,774.65 crore during the quarter under review as against Rs 2,677.07 crore in the corresponding quarter last year

Liquor stocks fall for second straight day as some states hike excise duty

United Breweries, Radico Khaitan, United Spirits, GM Breweries, Associated Alcohols & Breweries and Globus Spirits declined between 3 per cent and 7 per cent on the BSE

Shutters up: From Radico to United Breweries, liquor stocks in high spirits

Analysts say alcohol sales could be an early beneficiary of overall recovery

Radico Khaitan extends rally on strong Q2 results; soars 28% in 4 weeks

The stock rallied 6.5% to Rs 436 on the BSE on the back of heavy volumes.