Multibagger Stocks: Radico Khaitan, a major maker of 8PM Whiskey and Magic Moments Vodka, has given strong returns to investors in the long term. Investors have become millionaires by investing in it. On the other hand, in the last 6 months, this stock has given up to 35% return to the investors. At the same time, it has closed at 1,003.05 on the last trading day of the week. On the other hand, if we talk about the price of the market cap of this share, then it is Rs 13,338.64 crore. The special thing about this stock is that after its listing, this stock has given a return of up to 128 times in a long period. For this reason, the stock of this company is considered as Multibagger Stock in the stock market. We are giving you information about the complete history of this share.
Gave up to 128 times return to investors in this year
The shares of Radico Khaitan Limited Shares were first listed in the stock market 19 years ago in the year 2003. At that time the price of this share was Rs 7.78 per share. Now this stock remains around Rs 1,000. In such a situation, this stock has given a return of more than 130 times to its investors. In such a situation, if an investor had invested Rs 1 lakh in this share in the year 2003, then now his investors would have received a hefty fund of Rs 1.30 crore in return. This stock has given tremendous long term returns to the investors. On the other hand, if we talk about the short term, then this stock has given a return of about 35% in the last 6 months.
How was the record of the company in the year 2022
In the year 2022, the highest level of this stock was around 1300. After this, due to heavy selling, the share price recorded a tremendous fall in the month of May and it reached only 731. After this, once again there was a boom in the shares and now it remains above 1000. It has closed at Rs.1003 on the last trading day.
Know company details here
The name of Radico Khaitan Limited is included in the giant companies which have been making foreign Liquor in the country for years. Earlier the name of this company was Rampur Distillery. It is making and selling liquor in India since 1943. Later its name has become Radico Khaitan Limited. This company runs some of the top vodka-whiskey brands in the country. Its name includes 15 brands like 8PM Whiskey, Contessa XXX Rum, Old Admiral Brandy and Magic Moments Vodka.
read this also-
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)