Tag: Sitapur
- 18 Sep
Radico Khaitan Shares Jump on Commissioning of New Distillery
Radico Khaitan, the largest IMFL manufacturer in India, commissioned a new distillery in Sitapur, Uttar Pradesh. The distillery has a capacity of 350 kilo-liters per day and is expected to be fully operational within 2-3 weeks. The new facility will help to secure the company's ENA supplies and support the growth of its branded business for the next 7-10 years. While the development is positive, investors should carefully consider the company's fundamentals and investment outlook before making any investment decisions, given its premium valuation.
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