Buy Radico Khaitan, target price Rs 2,700: HDFC Securities
HDFC Securities has a buy call on Radico Khaitan with a target price of Rs 2700. The current market price of Radico Khaitan is Rs 2610.85.
Radico Khaitan, incorporated in 1983, is a Mid Cap company with a market cap of Rs 34604.46 crore, operating in Beverages – Alcoholic sector.
Radico Khaitan’s key products/revenue segments include Alcoholic Products, Scrap, Royalty Income, Bottles (PET), Others, Liquor, Export Incentives, Jaivik Khad for the year ending 31-Mar-2024.
Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 1119.50 crore, down -1.82% from last quarter Total Income of Rs 1140.22 crore and up 20.94% from last year same quarter Total Income of Rs 925.69 Crore. The company…
