Meanwhile, the BSE Sensex was up 307.14 points, or 1.99%, to 15705.47.

On BSE, 12.13 lakh shares were traded in the counter as against an average daily volume of 1.76 lakh shares in the past one quarter.

The stock hit a high of Rs 121.85, which is also its 52-week high. It hit a low of Rs 106 so far during the day. The stock had hit a 52-week low of Rs 49.35 on 27 October 2008.

The stock had outperformed the market over the past one month till 3 September 2009, rising 25.61% as compared to the Sensex 3.30% decline. It outperformed the market in past one quarter, soaring 27.58% as against 3.55% rise in the Sensex.

The mid-cap liquor maker has an equity capital of Rs 20.49 crore. Face value per share is Rs 2.

The current price of Rs 116.45 discounts the company's Q1 June 2009 annualised EPS of Rs 4.18, by a PE multiple of 27.85.

Radico Khaitan's net profit rose 55.5% to Rs 10.70 crore on a 15.5% increase in sales to Rs 183.52 crore in Q1 June 2009 over Q1 June 2008.

Radico Khaitan operates the country's largest distillery at Rampur in Uttar Pradesh. It makes whisky, rum and country liquor. Some of its leading liquor brands include Masterstroke and 8PM.

Promoters have pledged 1.83 crore shares or 17.93% stake of the company. Total promoter shareholding in the company is 48.68% (as on 30 June 2009).