Up 200% in 3 years, 700% in 5 years! ICICI Sec sees another 19% upside in this liquor stock. Do you own it?

Radico Khaitan's share price surged 4% after ICICI Securities initiated coverage with a 'buy' rating. The company expects operating margins to improve to 16.3% by FY27E, driven by premiumization and market share growth in white spirits, particularly vodka and luxury gin.

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