Radico Khaitan Stock Surges: 400% Gain in 4 Years and 1500% Increase in 8 Years

The Indian liquor industry is booming, thanks to changing consumer tastes and a growing middle class. As social attitudes shift and people have more disposable income, alcohol is increasingly becoming a part of everyday life, especially premium brands.

Companies in the industry are seeing strong growth, both in sales volume and higher prices per case. Radico Khaitan, which has built a strong lineup of premium and luxury alcohol brands, is a prime example of this trend. Nearly half of its revenue comes from its top-tier brands, and it has enjoyed significant growth in sales through FY24 and into the current year.

This success is reflected in Radico Khaitan’s stock performance, which jumped 70% in 2023 and has continued to rise sharply this year. The stock recently reached a new high, crossing ₹1,900 per share and hitting ₹1,910.

Overall, Radico Khaitan’s stock has gained an impressive 411% over the past four years and 1,500% over the past eight years. It has been in the positive for 35 out of the last 48 months.