Shares of Radico Khaitan Ltd gained 2.67% to Rs 3,077.90 in Friday’s morning trade, making it one of the top gainers in the liquor segment. The stock opened higher from its previous close of Rs 2,997.90 and hit an intraday high of Rs 3,085.10 on the NSE.
The rally came after Motilal Oswal initiated a positive outlook on the counter, recommending investors to buy Radico Khaitan shares before Diwali 2025, with a target price of Rs 3,375, implying an upside potential of 16% from current levels.
Brokerage view and outlook
According to Motilal Oswal’s note, Radico Khaitan’s strong premium portfolio, expanding distribution reach, and robust brand performance continue to support its long-term growth story. The brokerage expects sustained momentum in its premium liquor segment and improved operating margins in the coming quarters.
At the current market price, Radico Khaitan’s market capitalization stands at Rs 40,967 crore, with a P/E ratio of 102.80 and a dividend yield of 0.13%.
Stock performance
The stock has been among the best performers in its sector, climbing from a 52-week low of Rs 1,845.50 to a fresh 52-week high of Rs 3,085.10, indicating robust investor confidence.
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