Buy Radico Khaitan, target Rs 225: Shrikant Chouhan
ETMarkets.com|
Nov 10, 2017, 08.38 AM IST
Shrikant Chouhan of Kotak Securities Limited has a buy call on Radico Khaitan with a target price of Rs 225.
The current market price of Radico Khaitan is Rs 212.60.
Time period given by the analyst is intraday when Radico Khaitan price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 207.
Radico Khaitan, incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 2,830.64 Crore) operating in Beverages - Alcoholic sector.
Radico Khaitan key Products/Revenue Segments include Indian Made Foreign Liquor (IMFL) which contributed Rs 3,176.99 Crore to Sales Value (65.26 per cent of Total Sales), Country Liquor which contributed Rs 1340.33 Crore to Sales Value (27.53 per cent of Total Sales), Silent Spirit which contributed Rs 115.38 Crore to Sales Value (2.37 per cent of Total Sales), Grain Spirit which contributed Rs 73.34 Crore to Sales Value (1.50 per cent of Total Sales), Ethanol which contributed Rs 50.02 Crore to Sales Value (1.02 per cent of Total Sales), Bottles (PET) which contributed Rs 48.90 Crore to Sales Value (1.00 per cent of Total Sales), Other Operating Revenue which contributed Rs 36.94 Crore to Sales Value (0.75 per cent of Total Sales), Malt Spirit which contributed Rs 7.68 Crore to Sales Value (0.15 per cent of Total Sales), Alcoholic Products which contributed Rs 7.30 Crore to Sales Value (0.14 per cent of Total Sales), Others which contributed Rs 7.26 Crore to Sales Value (0.14 per cent of Total Sales), Jaivik Khad which contributed Rs 2.45 Crore to Sales Value (0.05 per cent of Total Sales), Rectified Spirit which contributed Rs .88 Crore to Sales Value (0.01 per cent of Total Sales), Cane Juice Spirit which contributed Rs .46 Crore to Sales Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Dr.Lalit Khaitan, Dr.Raghupati Singhania, Mr.Abhishek Khaitan, Mr.Ashutosh Patra, Mr.K P Singh, Mr.Karna Singh Mehta, Mr.Sarvesh Srivastava, Ms.Shailja Devi.
Company has BGJC & Associates LLP as its auditors.
As on 30-09-2017, the company has a total of 133,143,765 shares outstanding.
The current market price of Radico Khaitan is Rs 212.60.
Time period given by the analyst is intraday when Radico Khaitan price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 207.
Radico Khaitan, incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 2,830.64 Crore) operating in Beverages - Alcoholic sector.
Radico Khaitan key Products/Revenue Segments include Indian Made Foreign Liquor (IMFL) which contributed Rs 3,176.99 Crore to Sales Value (65.26 per cent of Total Sales), Country Liquor which contributed Rs 1340.33 Crore to Sales Value (27.53 per cent of Total Sales), Silent Spirit which contributed Rs 115.38 Crore to Sales Value (2.37 per cent of Total Sales), Grain Spirit which contributed Rs 73.34 Crore to Sales Value (1.50 per cent of Total Sales), Ethanol which contributed Rs 50.02 Crore to Sales Value (1.02 per cent of Total Sales), Bottles (PET) which contributed Rs 48.90 Crore to Sales Value (1.00 per cent of Total Sales), Other Operating Revenue which contributed Rs 36.94 Crore to Sales Value (0.75 per cent of Total Sales), Malt Spirit which contributed Rs 7.68 Crore to Sales Value (0.15 per cent of Total Sales), Alcoholic Products which contributed Rs 7.30 Crore to Sales Value (0.14 per cent of Total Sales), Others which contributed Rs 7.26 Crore to Sales Value (0.14 per cent of Total Sales), Jaivik Khad which contributed Rs 2.45 Crore to Sales Value (0.05 per cent of Total Sales), Rectified Spirit which contributed Rs .88 Crore to Sales Value (0.01 per cent of Total Sales), Cane Juice Spirit which contributed Rs .46 Crore to Sales Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Dr.Lalit Khaitan, Dr.Raghupati Singhania, Mr.Abhishek Khaitan, Mr.Ashutosh Patra, Mr.K P Singh, Mr.Karna Singh Mehta, Mr.Sarvesh Srivastava, Ms.Shailja Devi.
Company has BGJC & Associates LLP as its auditors.
As on 30-09-2017, the company has a total of 133,143,765 shares outstanding.
