Radico Khaitan Share Price Live

Radico Khaitan jumps 3% after launching Rampur Asava Indian Single Malt Whisky in India Radico Khaitan, has announced the much-anticipated launch of its internationally celebrated Rampur Asava Indian Single Malt Whisky in the Indian market The Rampur Asava Indian Single Malt Whisky Radico Khaitan, a leading name in India’s spirits industry, has announced the much-anticipated launch of its internationally celebrated Rampur Asava Indian Single Malt Whisky in the Indian market. The company, renowned for its legacy of crafting premium alcoholic beverages, is set to introduce this exquisite whisky initially in Uttar Pradesh, followed by a phased rollout across Delhi, Chandigarh, Punjab, Uttarakhand, Haryana, Telangana, and Goa within the fiscal year. The Rampur Asava Indian Single Malt Whisky has already made waves globally, earning accolades in the UK, USA, Europe, Dubai, and through Global Travel Retail. Priced at Rs 10,000 in Uttar Pradesh, this premium offering aims to cater to the sophisticated tastes of Indian consumers who are increasingly inclined towards luxury spirits. Stock Performance The shares of Radico Khaitan were seen trading at the day’s high, up by 3%. The stock opened at Rs 1,722 and made an intraday low of Rs 1,704.35 on Tuesday. In June, the stock rallied about 13%. Mr. Abhishek Khaitan, Managing Director of Radico Khaitan, expressed his enthusiasm “Our focus on luxury liquor underscores our commitment to delivering unparalleled quality and craftsmanship. We are witnessing a remarkable growth in the acceptance and appreciation of Indian luxury spirits at the global scale. Even consumers in India are increasingly seeking sophisticated experiences, and our premium offerings cater to this evolving palate. This trend not only reflects the changing preferences of Indian consumers but also reinforces our position as pioneers in the industry. With our Rampur Signature Reserve Indian Single Malt Whisky being sold at Rs. 5 lakhs, the launch of Rampur Asava Indian Single Malt Whisky comes at a time of growing demand for Indian single malts. We are confident that Rampur Asava Indian Single Malt Whisky will set a new benchmark in the Indian luxury spirits market, further establishing our legacy of excellence and innovation.” Craftsmanship and Distinction Rampur Asava Indian Single Malt Whisky stands out for its unique maturation process. It is initially matured in American Bourbon barrels before being meticulously finished in Indian Cabernet Sauvignon casks. This innovative technique marks a first in the history of single malts, delivering a distinct flavor profile that embodies the pinnacle of artisanal craftsmanship. Tasting Notes Rampur Asava offers a distinctive sensory experience: Aroma: Tropical fruity notes with apricot, blackberry, and plum, enriched with tobacco and spices. Palate: Velvety texture with manuka honey sweetness, spicy oak, and vanilla warmth. Finish: The Indian red wine casks impart a unique dryness, creating a masterfully balanced flavor. About Radico Khaitan Radico Khaitan Limited, formerly known as Rampur Distillery Company, has been a significant player in India’s IMFL (Indian-Made Foreign Liquor) market since 1943. With a rich heritage and a diverse portfolio of premium brands, Radico Khaitan continues to lead the industry with innovation and quality. The company’s extensive range includes Rampur Indian Single Malt Whiskies, Jaisalmer Indian Craft Gin, and Magic Moments Vodka, among others. Radico Khaitan is also a major exporter, with its products available in over 102 countries globally. Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Radico Khaitan Ltd.: A Resilient Outperformer Ready for a Robust Breakout Amid Market Volatility Radico Khaitan Ltd. stands out with a resilient 3.5% rally amid market downturns, poised for a breakout with a potential 20% gain, making it a promising investment in the volatile alcoholic beverage sector. Radico Khaitan Ltd. is a renowned player in the Indian alcoholic beverage industry, established in 1943 and based in New Delhi, India. The company boasts a diverse portfolio of brands that includes Magic Moments Vodka, Morpheus Brandy, and Jaisalmer Indian Craft Gin, among others. These brands have enabled Radico Khaitan to capture a significant share of the liquor market in India, making it a noteworthy contender in the industry. 1600×762 171 KB Market Performance and Technical Analysis In a market environment characterized by volatility and profit-booking, Radico Khaitan has demonstrated remarkable resilience. The company’s stock rose by nearly 3.5% in today’s session, showing strength even as broader market indices faced downward pressure. This performance is particularly compelling given the stock’s recovery from a substantial retracement over the past four months, which saw it bouncing back from a decline after reaching a new lifetime high of Rs 1885.10. The technical setup for Radico Khaitan is equally promising. The stock has formed a short-term trend continuation pattern, supported by the 200-day moving average and a 50% Fibonacci retracement of its last upward movement. This pattern has been consolidating and is poised for a potential breakout above the Rs 1750 level. A close above this level, particularly if sustained, could herald the beginning of a new rally. Future Outlook Radico Khaitan presents a promising investment opportunity, with the potential for a 20% increase from its breakout level. This projection makes the stock an attractive option for breakout traders and swing investors alike, particularly those looking to capitalize on the resilience and growth potential of the alcoholic beverage sector. Conclusion Radico Khaitan stands out in the current market landscape, not only due to its strong performance amid general market turbulence but also because of its solid fundamentals and brand strength. Investors seeking exposure to the beverage sector, with a company that demonstrates potential for significant growth and market penetration, would do well to consider Radico Khaitan as a potential addition to their portfolios. Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions