Posted On: August 1, 2023

Stock report: RADICO (NSE) 31 JUL 23 

Outlook: BULLISH

Sector: Consumer Defensive  

Industry: Beverages – Wineries & Distilleries 

Radico Khaitan Limited is a renowned spirits company that began in 1998 with the launch of 8PM Whisky, which quickly became a millionaire brand and earned a spot in the Limca Book of Records. Their impressive portfolio includes other successful brands like Magic Moments Vodka, Contessa XXX Rum, and Old Admiral Brandy. They also offer a range of premium products, such as Rampur Indian Single Malt Whisky, Jaisalmer Indian Craft Gin, and Morpheus Brandy. With a rich array of offerings, Radico continues to establish its presence in the liquor industry. 

xCalData predicts RADICO will continue its Bullish phase over the next five days and trend in the range of 1393 to 1501. 

In comparison to the previous month, the price of the stock has experienced an increase of 19.68% indicating a Bullish. 

The Stock has doubled thrice since 12 Jun 2015 and took an average of 2.0 years to double.  

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum.  

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData

Similar Posts