Radico Khaitan shares surge most in over a year, hit record high amid spurt in trading volumes

Shares of alcoholic beverages maker, Radico Khaitan, jumped as much as 11.22% to hit a record high of ₹3,591.90 on the National Stock Exchange. On the BSE, Radico Khaitan shares climbed as much as 14.45% to hit an all-time high of ₹3,695 amid higher than usual trading volumes.

With today's jump in stock price, Radico Khaitan posted its best single-day performance in over a year on the NSE. While, on the BSE, Radico Khaitan posted its best day in over five years, data from BSE showed.

Trading volume in Radico Khaitan shares spiked by 7 times as 14.80 lakh shares changed hands on the NSE compared with an average trading volume of 2.24 lakh shares.

On the BSE, as many as 1.07 lakh shares changed hands compared with an average of 9,204 shares traded daily in the past two weeks.

Earlier this month, Radico Khaitan launched coffee infused rum - 1965 Spirit of Victory Espresso Coffee Premium Dark Rum.

The new expression marks an exciting innovation in Radico Khaitan’s award winning rum portfolio, debuting in Uttar Pradesh, with availability to follow in Jharkhand and Haryana.

"In recent years, coffee-inspired spirits have seen a steady rise in popularity across premium segments, especially among younger consumers seeking deeper, richer flavours. The coffee–rum space has been gaining momentum in urban centres, fuelled by evolving flavour preferences and an appetite for artisanal blends. With this launch, Radico Khaitan strengthens its premium rum offerings, appealing to consumers who value craftsmanship, flavour complexity, and contemporary indulgence," Radico Khaitan said in a press release.

Radico Khaitan Q2 earnings

The Delhi-based liquor maker in second quarter of current financial year reported a consolidated net profit of ₹140 crore, marking an increase of 73% from ₹81 crore in the year-ago period.

Its revenue from operations in July-September period jumped 29% to ₹5,057 crore compared with ₹3,907 crore in the year-ago period.

The company reported strong operational performance as its EBITDA (earnings before interest, taxes, depreciation and amortization) also known as operating profit advanced 45% to ₹238 crore and its EBITDA margin improved by 50 basis points to 4.7%.

As of 11:15 am, Radico Khaitan shares traded 10.3% higher at ₹3,562, outperforming the NIFTY50 index which was up 0.32%.