Radico Khaitan gained 1.64% to Rs 322.75 at 15:17 IST on the BSE after net profit jumped 15.6% to Rs 54.76 crore on 26.55% rise in net sales to Rs 2677.07 crore in Q1 June 2019 over Q1 June 2018.
The result was announced during the market hours today, 8 August 2019.
Meanwhile, the S&P BSE Sensex was up by 638.74 points or 1.74% at 37,329.17.
On the BSE, 46000 shares were traded in the counter so far compared with average daily volumes of 37000 shares in the past two weeks. The stock had hit an intraday high of Rs 324.8 and an intraday low of Rs 314.7 so far during the day. The stock hit a 52-week high of Rs 500 on 3 September 2018 and a 52-week low of Rs 260.05 on 20 June 2019.
Radico Khaitan is among the oldest and one of the largest manufacturers of Indian Made Foreign Liquor (IMFL) in India.
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