Radico Khaitan Ltd
RADICO

122.90

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Turnover (lac)
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Day's Vol.(shares)

123.40

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Accumulate
Reco. Price
Rs 122.60
We recommend ACCUMULATE on account of product launches in premium brands to increase sales. Additionally, price hike across liquor segment in Karnataka is expected to aid topline. The stock is trading at an attractive P/E of ~16.8x on FY18E earnings. (Target Price-Rs.133)
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50 DMA (.)
125.56
100 DMA (.)
121.47
200 DMA (.)
116.78
Weekly Range (.)
119.75
127.95
Monthly Range (.)
106.55
141.10
52 Weeks Range (.)
83.55
150.40
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