News

Buy Radico Khaitan Ltd For Target Rs. 2,015 by ARETE Securities Ltd Radico Khaitan (RDCK) showcased a robust performance in 1QFY25, primarily driven by its Prestige & Above (P&A) brands, which experienced a volume and value growth of 14% and 19%, respectively, along with a 4% increase in realization. The company's non-IMFL segment also saw significant improvement, with a 57% growth attributed to the operationalization of the Sitapur plant.Looking ahead, we anticipate sustained strong demand for P&A brands, with RDCK expected to achieve midteen...
Buy Radico Khaitan Ltd For Target Rs. 2,015 by ARETE Securities Ltd
Buy Radico Khaitan Ltd For Target Rs. 2,015 by ARETE Securities Ltd
Source: ARETE Securities Ltd
2024-08-10 05:56:04 pm
Radico Khaitan expects 20% growth as Indians splurge on pricey liquor Rampur whisky-maker Radico Khaitan is expecting a 20% revenue growth this fiscal year, an executive said on Thursday, as India's growing middle class splurges on expensive liquor. Several consumer labels including Reliance, Tata Group and Arvind Fashions, which sells Calvin Klein and Tommy Hilfiger, are targeting the booming Indian middle-class that is increasingly spending on higher-quality branded products. Radico Khaitan reported 14.3% sales volume growth for the June quarter on ...
Radico Khaitan expects 20% growth as Indians splurge on pricey liquor
Radico Khaitan expects 20% growth as Indians splurge on pricey liquor
Source: Reuters
2024-08-08 04:56:45 pm
Radico Khaitan gains on launching Kohinoor Reserve Indian Dark Rum at IAADFS Summit 2024 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 sto...
Radico Khaitan gains on launching Kohinoor Reserve Indian Dark Rum at IAADFS Summit 2024
Radico Khaitan gains on launching Kohinoor Reserve Indian Dark Rum at IAADFS Summit 2024
Source: Accord Fintech
2024-04-16 02:57:56 pm
Accumulate Radico Khaitan Ltd For Target Rs. 1,900 - Elara Capital   Double-digit volume growth continues Premiumisation drives growth   Radico Khaitan (RDCK IN) posted yet another strong quarter, with 20.1% YoY volume growth in prestige & above (P&A), led by: 1) adoption of luxury portfolio and 2) healthy growth in existing brands (lower prestige segment). RDCK continues to drive a wide portfolio of premium brands across various categor...
Accumulate Radico Khaitan Ltd For Target Rs. 1,900 - Elara Capital
Accumulate Radico Khaitan Ltd For Target Rs. 1,900 - Elara Capital
Source: Elara Capital
2024-03-08 09:17:26 am
Result Update - Q3FY24 Radico Khaitan For Target Rs. 1,695 - ARETE Securities Ltd Radico Khaitan, a leading producer of Indian Made Foreign Liquor, has exceeded expectations in Q3, showing a 29.1% YoY net revenue growth. The notable growth came from The Prestige & Above segment, which saw a 29.1% YoY increase and a remarkable 174% YoY growth in the non-IMFL segment. This was driven by strong performance in the CL segment with price hikes (~60-65%) and bulk alcohol sales from the newly established Sitapur plant. Despite challenges in commodity prices, the company mainta...
Result Update - Q3FY24 Radico Khaitan For Target Rs. 1,695 - ARETE Securities Ltd
Result Update - Q3FY24 Radico Khaitan For Target Rs. 1,695 - ARETE Securities Ltd
Source: ARETE Securities Ltd
2024-02-15 11:12:26 am
India`s United Breweries posts Q3 profit  India's United Breweries reported a profit in the third quarter on Thursday, as improved demand helped mitigate the impact of higher costs. The company, partly owned by Dutch brewer Heineken NV, has been grappling with elevated costs due to rising raw material prices, including glass and extra neutral alcohol (ENA), a primary raw material for alcoholic beverages, which have incrementally risen each quarter. The Kingfisher beer maker reported a standalone profit of 848.5 millio...
India`s United Breweries posts Q3 profit
India`s United Breweries posts Q3 profit
Source: Reuters
2024-02-09 10:58:17 am
Radico Khaitan jumps on launching `Spirit of Victory 1999 Pure Malt Whisky` Radico Khaitan is currently trading at Rs. 1746.75, up by 25.80 points or 1.50% from its previous closing of Rs. 1720.95 on the BSE. The scrip opened at Rs. 1775.10 and has touched a high and low of Rs. 1795.00 and Rs. 1739.00 respectively. So far 8151 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. 1069.60 on 12-Apr-2023. Last one week high and low of the scrip st...
Radico Khaitan jumps on launching `Spirit of Victory 1999 Pure Malt Whisky`
Radico Khaitan jumps on launching `Spirit of Victory 1999 Pure Malt Whisky`
Source: Accord Fintech
2024-02-07 02:45:32 pm
Buy Radico Khaitan Ltd For Target Rs.1,590 - Arete Securities Radico Khaitan, a leading producer of Indian Made Foreign Liquor, has reported a robust 21.5% YoY revenue growth in its latest quarterly results. The Prestige & Above segment exhibited growth across all states and geographies, with Royal Ranthambore surpassing FY23 volumes in H1FY24. Notably, Magic Moments vodka commands a 60% market share in the vodka industry. Despite challenges in commodity prices, the company has maintained strong gross margins through strategic pricing and capitalizi...
Buy Radico Khaitan Ltd For Target Rs.1,590 - Arete Securities
Buy Radico Khaitan Ltd For Target Rs.1,590 - Arete Securities
Source: ARETE Securities Ltd
2023-11-10 02:49:47 pm
India`s Smirnoff vodka maker United Spirits Q2 profit rises on strong premium demand India's United Spirits, which makes Smirnoff vodka, reported a 14.2% rise in second-quarter profit on Wednesday boosted by strong demand for its premium brands of alcohol. The Diageo PLC-owned company's profit before exceptional items and tax rose to 4.17 billion rupees ($50.08 million) in the quarter ended Sept. 30 from 3.65 billion rupees a year ago. Sales in its premium 'Prestige and Above' segment, which includes brands such as Johnnie Walker, Signature and Antiquity...
India`s Smirnoff vodka maker United Spirits Q2 profit rises on strong premium demand
India`s Smirnoff vodka maker United Spirits Q2 profit rises on strong premium demand
Source: Reuters
2023-11-09 09:36:27 am
Radico Khaitan clocks 19.4% rise in Q2 net profit  Alcoholic beverages maker Radico Khaitan on Monday reported a 19.4 per cent increase in net profit for the July-September quarter of the current financial year on the back of strong demand for its high-end brands. The company’s consolidated net profit rose to Rs 61.87 crore during the quarter from Rs 51.82 crore in the same quarter last year. Revenue increased 23.1 per cent to Rs 371.5 crore for the quarter. Sales in the premium segment, which includes brands such as Jaisalm...
Radico Khaitan clocks 19.4% rise in Q2 net profit
Radico Khaitan clocks 19.4% rise in Q2 net profit
Source: IANS
2023-11-06 05:19:39 pm
Radico Khaitan rises on commissioning greenfield grain distillery in Uttar Pradesh Radico Khaitan is currently trading at Rs. 1239.05, up by 20.70 points or 1.70% from its previous closing of Rs. 1218.35 on the BSE.The scrip opened at Rs. 1226.95 and has touched a high and low of Rs. 1246.00 and Rs. 1205.50 respectively. So far 4469 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1478.45 on 01-Aug-2023 and a 52 week low of Rs. 910.00 on 18-Nov-2022.Last one week high and low of the scrip stood at Rs. 1268.35 an...
Radico Khaitan rises on commissioning greenfield grain distillery in Uttar Pradesh
Radico Khaitan rises on commissioning greenfield grain distillery in Uttar Pradesh
Source: Accord Fintech
2023-09-18 03:12:10pm