Radico Khaitan Share Price Target Tomorrow 2024 To 2030

Radico Khaitan Ltd is one of India’s leading manufacturers of alcoholic beverages, particularly known for its premium spirits and whisky brands. The company produces a wide range of products, including vodka, rum, brandy, and whiskey, with a strong presence in both domestic and international markets. Radico Khaitan Share Price on NSE as of 6 November 2024 is 2,400.00 INR. Here will provide you more details on Radico Khaitan Share Price Target 2024, 2025, 2026 to 2030.

Radico Khaitan Ltd: Market Overview

Open Price: ₹2,393.55
High Price: ₹2,449.20
Low Price: ₹2,370.05
Previous Close: ₹2,393.55
Volume: 223,887
Value (Lacs): ₹5,405.30
VWAP: ₹2,416.44
UC Limit: ₹2,872.25
LC Limit: ₹1,914.85
P/E ratio: 111.88
Div yield: 0.13%
52-wk high: ₹2,524.00
52-wk low: ₹1,293.45
Mkt cap: ₹32.32KCr
Face Value: ₹2

Radico Khaitan Share Price Chart

Radico Khaitan Share Price Target Years	SHARE PRICE TARGET
2024	₹2550
2025	₹3195
2026	₹3660
2027	₹4185
2028	₹4790
2029	₹5486
2030	₹6340

Radico Khaitan Share Price Target 2024

Radico Khaitan share price target 2024 Expected target could be ₹2550. Here are three key factors that could affect the growth of Radico Khaitan Ltd’s share price target in 2024:

Consumer Demand for Premium Spirits: The growing trend towards premium and craft alcoholic beverages is a significant growth driver for Radico Khaitan. The company’s ability to tap into this demand with its high-quality products could lead to increased sales and positively impact its share price in 2024.
Expansion into New Markets: Radico Khaitan’s strategy of expanding its presence in international markets, particularly in countries with rising demand for Indian-made spirits, will be crucial for growth. Successful market entry and partnerships could drive revenue growth and positively influence the share price.
Regulatory Changes and Taxes: Changes in government regulations related to alcohol production, distribution, and taxes can impact profitability. Any unfavorable policy changes could increase operational costs or restrict market access, potentially affecting the company’s stock performance in 2024.

Radico Khaitan Share Price Target 2025

Radico Khaitan share price target 2025 Expected target could be ₹3195. Here are three potential risks and challenges for Radico Khaitan Ltd’s share price target in 2025:

Regulatory and Taxation Risks: The alcoholic beverage industry is highly regulated, and changes in government policies or increased excise duties could lead to higher costs for Radico Khaitan. This might negatively impact profitability, making it a key risk for the company’s performance and share price by 2025.
Fluctuating Raw Material Prices: The prices of raw materials like grain, sugar, and packaging materials can fluctuate due to market conditions, supply chain disruptions, or weather conditions. A rise in raw material costs could squeeze margins, reducing profitability and affecting investor sentiment.
Intense Competition: The alcoholic beverage market is competitive, with both domestic and international brands vying for market share. Radico Khaitan will face constant pressure to innovate and maintain strong brand loyalty. If it fails to keep up with consumer trends or faces increased competition, its market share and share price could be negatively affected by 2025.

Radico Khaitan Share Price Target 2030

Radico Khaitan share price target 2030 Expected target could be ₹6340. Here are three potential risks and challenges for Radico Khaitan Ltd’s share price target in 2030:

Changing Consumer Preferences: By 2030, consumer preferences could shift toward healthier or non-alcoholic alternatives, impacting the demand for traditional alcoholic beverages. If Radico Khaitan is unable to adapt to these changing trends, it could face slower growth, affecting its long-term share price.
Increasing Environmental and Sustainability Pressures: As global awareness of environmental issues grows, there will likely be stricter regulations related to manufacturing processes, packaging, and waste management. Radico Khaitan will need to invest in sustainable practices to avoid penalties or negative publicity, which could lead to higher operational costs and reduced profitability.
Economic Slowdown and Market Volatility: Economic downturns or periods of economic uncertainty can lead to reduced consumer spending, particularly on premium alcoholic beverages. If global or domestic economic conditions deteriorate, it could reduce demand for Radico Khaitan’s products, negatively impacting its revenue and share price in the long term.

Shareholding Pattern For Radico Khaitan Ltd

Promoters: 40.24%
FII: 18.60%
Mutual Funds: 18.12%
Retail and Others: 16.45%
DII: 6.58%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.radicokhaitan.com/

Radico Khaitan Ltd Financials

(INR)	2024	Y/Y change
Revenue	41.19B	31.05%
Operating expense	13.19B	32.15%
Net income	2.62B	18.98%
Net profit margin	6.37	-9.13%
Earnings per share	19.61	28.25%
EBITDA	4.93B	42.18%
Effective tax rate	24.76%	—