Radico Khaitan Ltd
RADICO

124.60

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124.55

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Accumulate
Reco. Price
Rs 123.00
We recommend ACCUMULATE on account of product premiumisation focus and new product launches. This will be backed by launch of premium variants of Magic Moments and new Electra brand. The stock trades attractively at ~14x FY17E P/E compared to industry average of ~38x FY17E P/E. (Target Price: Rs 131)
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50 DMA (.)
124.35
100 DMA (.)
122.19
200 DMA (.)
113.16
Weekly Range (.)
121.50
129.40
Monthly Range (.)
121.50
135.15
52 Weeks Range (.)
83.55
150.40
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