Radico Khaitan Ltd.

NSE: RADICO | BSE: 532497 | ISIN: INE944F01028 | Industry: Breweries & Distilleries
| Expensive Star
2460.3000 22.30 (0.91%)
NSE Apr 17, 2025 15:31 PM
Volume: 157.1K
 

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Radico Khaitan Ltd.
24 Jul 2020
2460.30
0.91%
buy
by ICICI Securities Limited
Target: 460
ICICI Securities Limited
The company is seeing a good recovery as June sales were only down ~10% YoY and the company expects to reach normal revenue trajectory in H2FY21. On profitability front, gross margin expanded owing to combination of factors like better price realisation and favourable state and product mix and price increase in key southern state of Telangana. Benign input cost and higher product realisation are expected to aid in gross margin improvement and stringent cost control and judicious spend on sales promotion will...
 
Radico Khaitan Ltd. is trading above all available SMAs
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