Liquor shares rally on good Q4 show; UBL, Radico Khaitan hit new high

United Breweries (UBL),United Spirits and Radico Khaitan rallied between 5% and 7% on the BSE in intra-day trade

Shares of liquor companies were in focus with frontline stocks like United Breweries (UBL), United Spirits and Radico Khaitan rallying between 5% and 7% on the BSE after reporting good set of numbers in the fourth quarter ended March 2018 (Q4FY18).

UBL (up 7% to Rs 1,258) and Radico Khaitan (up 7% at Rs 456) have hit their respective new highs on the BSE in intra-day trade on Friday.

In Q4FY18, UBL reported a standalone net profit of Rs 909 million against Rs 67 million in the corresponding quarter of previous fiscal. The company recorded a volume growth