The stock gained 5.22% to hit a fresh record high of ₹4,095.5 apiece on Monday.
The stock continued its gaining momentum after a day’s loss. It has now risen for seven out of the last eight trade sessions.
On Sunday, July 5, the company said its flagship vodka brand “Magic Moments”, set a new benchmark, by selling 3.25 million cases in the first quarter of the financial year 2027.
This was 43% higher than the 2.27 million cases it sold during the year-ago period.
Radico Khaitan said the sales figure reinforced its position as India’s leading vodka brand and highlighted the growing scale and long-term potential of India’s vodka category.
Magic Moments is estimated to have a 60% market share, according to Radico Khaitan’s official statement, which further read that flavoured vodka has emerged as one of the strongest growth rivers for the category, accounting for more than 65% of vodka volumes in FY26, as innovation continues to attract new consumers and encourage experimentation.
While vodka accounts for nearly 28% – 30% of global spirits consumption, its share within India’s Indian-made foreign liquor (IMFL) market remained below 5% last fiscal, underscoring the significant headroom for long-term category growth.
Radico Khaitan’s managing director Abhishek Khaitan said by combining global vodka trends with uniquely Indian insights, it has been able to create offerings that connect deeply with consumers.
“While India remains significantly underpenetrated compared to global vodka markets, this also presents a substantial long-term opportunity for the category,” he added.
Of the 25 analysts who have coverage on the Radico Khaitan stock, 21 have a “buy” rating, three have a “hold” rating and one has a “sell” rating.
Shares of Radico Khaitan are now trading 4.4% higher on Monday at ₹4,064.2. The stock has gained nearly 17% in the last one month, extending its year-to-date advance to 25%.
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