Radico Khaitan slips after poor Q3 result

Radico Khaitan fell 1.11% to Rs 84.95 at 13:03 IST on BSE after net profit slipped 1.2% to Rs 21.27 crore on 5.3% rise in net sales to Rs 399.56 crore in Q3 December 2014 over Q3 December 2013.

The result was announced after market hours yesterday, 10 February 2015.

Meanwhile, the BSE Sensex was up 147.82 points, or 0.52%, to 28,503.44

On BSE, so far 58,727 shares were traded in the counter as against an average volume of 1.61 lakh shares in the past one quarter.

The stock hit a high of Rs 89.10 and low of Rs 84.25 so far during the day. The stock hit a 52-week high of Rs 167.55 on 10 February 2014. The stock hit a 52-week low of Rs 75.30 on 29 September 2014.

The stock had underperformed the market over the past one month till 10 February 2015, rising 1.24% compared with 3.27% rise in the Sensex. The scrip also underperformed the market in past one quarter, falling 2.61% as against Sensex's 1.73% rise.

The small-cap company has an equity capital of Rs 26.61 crore. Face value per share is Rs 2.

Radico Khaitan is one of India's oldest liquor manufacturers.

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