Posted On: July 19, 2023
Stock Report : RADICO (NSE) 18 Jul 2023
Sector: Consumer Defensive
Industry: Beverages – Wineries
Radico Khaitan Ltd., formerly Rampur Distillery & Chemical Company Ltd., is a major Indian company known for manufacturing industrial alcohol, Indian Made Foreign Liquor (IMFL), country liquor, and fertilizers. It is the fourth-largest liquor company in India and was founded in 1943 in Rampur. With headquarters in India, the company employs around 1,196 people as of 2022. It operates through subsidiaries such as Rampur Distillery, Diageo Radico Distilleries Private Limited, and Radico Spiritz India Private Limited. Radico Khaitan continues to be a significant player in the Indian manufacturing and liquor industries.
xCalData predicts RADICO will continue its Bullish phase over the next five days and trend in the range of 1368 to 1440.
In comparison to the previous month, the price of the stock has experienced an increase of 17.19% indicating a bullish.
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.
The Stock has doubled thrice since 12 Jun 2015 and took an average of 2.0 years to double.
The stock has shown seasonality trend in the past.
Reviewing the returns for the past 5 years for the same week, we see the stock has given Positive returns in 4 years in the past.
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