Radico Khaitan recently reported a sharp increase in volumes within its popular segment. (Photo by Sara Cottle on Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The shares of Radico Khaitan Ltd. rose over 10% in trade on Thursday after Choice Institutional Research's valuation and rating projected it as a solid long-term investment idea.

Radico Khaitan recently reported a sharp increase in volumes within its popular segment. The net revenue for the second quarter of fiscal 2026 stood at Rs 1,490 crore, marking a 33.8% year-over-year increase, though it dipped slightly by 0.8% quarter-over-quarter.

Currently trading at a market price of Rs 3,537.80, the brokerage has a set target price of Rs 3,340, representing a potential upside of 5.75%.

The share price surg

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