Radico Khaitan rises 2.5% and nears Rs 4,615 resistance

Radico Khaitan rose about 2.5% in morning trade on 12 November 2026; Rs 4,615 is key resistance and Rs 4,400 support. Radico Khaitan Limited ( RADICO ) gained about 2.5% in morning trade on 12 November 2026. The stock is approaching its Rs 4,615 resistance. Net profit rose 66% to about Rs 230 crore on revenue of Rs 1,745 crore, up 16.8%. EBITDA margin was 20.4%. Prestige & Above volume grew 36% to 5.28 million cases, and the FY27 growth target for the segment was raised to 30%. Margins held despite a Rs 27 crore packaging cost hit. On the daily chart, the stock climbed from the Rs 2,600s in April to a peak near Rs 4,747 in August. The October dip held above Rs 4,000 and buyers returned in November. The view is that the uptrend is intact and likely to resume. Two consecutive daily closes above Rs 4,615 would confirm the bullish trend, with the August peak as the next marker. Rs 4,400 is the key support. A daily close below it would weaken the setup. Stance: constructive above Rs 4,400, confirmed bullish after two closes above Rs 4,615. Disclosure: I do not hold any position in this stock. This is not a recommendation to buy or sell. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.