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An update from Radico Khaitan Limited ( (IN:RADICO) ) is now available.
Radico Khaitan Limited’s board has granted in-principle approval to incorporate a wholly owned subsidiary in Scotland, United Kingdom, to be named Radico Khaitan Scotland Ltd or another name approved by local authorities. The proposed subsidiary, which will fall under the alcoholic and beverages industry, is intended to engage in distillation, maturation, storage and trading of Scotch, liquor and spirits, and may acquire and operate a distillery in Scotland, signaling a strategic move to deepen Radico Khaitan’s presence in the global spirits value chain and directly tap into the Scotch whisky ecosystem.
More about Radico Khaitan Limited
Radico Khaitan Limited is an Indian company in the alcoholic beverages industry, operating distilleries and producing spirits and liquor brands for domestic and international markets. The company’s activities span distillation, maturation, storage and trading of alcoholic beverages, positioning it as an established spirits player within the broader alcoholic and beverages sector.
Average Trading Volume: 23,060
Technical Sentiment Signal: Buy
Current Market Cap: 368.8B INR
See more data about RADICO stock on TipRanks’ Stock Analysis page.