Hot Pursuit     01-Feb-11
Radico Khaitan in high spirits after strong Q3 results
Radico Khaitan rose 2.01% at Rs 137.20 at 14:46 IST on BSE after net profit surged 77.69% to Rs 20.47 crore on 17.09% increase in net sales to Rs 268.09 crore in Q3 December 2010 over Q3 December 2009.

The result was announced during trading hours today, 1 February 2011.

Meanwhile, the BSE Sensex was down 300.62 points, or 1.64%, to 18,027.14.

On BSE, 39,000 shares were traded in the counter as against an average daily volume of 81,493 shares in the past one quarter.

The stock hit a high of Rs 138.50 and a low of Rs 136 so far during the day. The stock had hit a 52-week high of Rs 185.95 on 4 November 2010 and a 52-week low of Rs 109.25 on 5 February 2010.

The stock had underperformed the market over the past one month till 31 January 2011, falling 14.77% compared with the Sensex's 10.64% decline. The scrip had also underperformed the market in past one quarter, sliding 24.40% as against 8.51% decline in the Sensex.

The mid-cap liquor maker has an equity capital of Rs 26.50 crore. Face value per share is Rs 2.

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