Radico Khaitan gains on launching Kohinoor Reserve Indian Dark Rum at IAADFS Summit 2024
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Radico Khaitan is currently trading at Rs. 1731.05, up by 7.70 points or 0.45% from its previous closing of Rs. 1723.35 on the BSE.
The scrip opened at Rs. 1708.25 and has touched a high and low of Rs. 1748.90 and Rs. 1696.05 respectively. So far 6042 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1882.05 on 05-Dec-2023 and a 52 week low of Rs. 1081.05 on 05-May-2023.
Last one week high and low of the scrip stood at Rs. 1800.00 and Rs. 1664.90 respectively. The current market cap of the company is Rs. 22845.26 crore.
The promoters holding in the company stood at 40.26%, while Institutions and Non-Institutions held 43.29% and 16.45% respectively.
Radico Khaitan has launched The Kohinoor Reserve Indian Dark Rum at IAADFS Summit of the Americas in Florida, USA from April 14, 2024 to April 17, 2024. Renowned for its extensive portfolio, including award-winning Rampur Indian Single Malt Whiskies and Jaisalmer Indian Craft Gin, Radico Khaitan has been producing rum since its inception.
The Kohinoor Reserve Indian Dark Rum is crafted through small-batch distillation, using only fresh cane juice during the North Indian winter season. The Rum is then matured in American Oak Barrels previously used for maturing Indian Single Malt, followed by further maturation in Cognac XO and Vermouth casks. The Kohinoor Reserve Indian Dark Rum will be rolled out in coming months across global markets including the USA, UK, EU, Asia as well as Global Travel Retails.
Radico Khaitan (RKL) is one of the India's oldest and largest liquor manufacturers.
