United Spirits & Radico Khaitan Gain Mkt Share; Pernod Ricard Reports Strong FY24 | CNBC TV18

for some of the spirit companies in India because peroa the global company which has presence in India too though not listed release their numbers that's right so you know first let's understand you know for which time period did they actually release the numbers the time period is fi 24 but they year or their financial year ends in June 2024 so what we're trying to understand is number one what is the kind of sales that perner recard the India sales grew 6% on a year on-year basis with the company saying a mid single digit growth in the price as well as the volume mix now along with that uh you know the commentary there is quite strong they're saying strong broadb and accelerated performance underpinned by strong consumer demand and they also mentioned something that both radical Katan as well as United Spirits have been mentioning in the recent past that sales are actually premiumize now what this indicates is that number one you know you look at the q1 performance of both United Spirits as well as radico ketan United Spirits in this particular q1 actually saw 10% Revenue growth radical kitan saw a lot higher Revenue growth you know almost in the early 20s and in this particular segment that is the PNA that is a presti and above segment this indicates that both radical Katan as well as United Spirits have actually gained market share compared to perner recard and on the back of that you know you know once this particular news did come out you know and let actually have pencil in the kind of Market again so if you look at United Spirits today up almost 2% of sharp recovery from the intraday lows and radic k 2 is doing quite well at one point of time it was higher by almost 4 and a half% that's the reason for the upov Rema okay that's United Spirits now up close to about 1.7% radico is the big mover but let's uh get chatting

Share your thoughts

Related Transcripts

ADBE Stock ALERT! (Update!) ADBE stock analysis and best stock trading platforms review thumbnail
ADBE Stock ALERT! (Update!) ADBE stock analysis and best stock trading platforms review

Category: Education

Adbe stock is this the right time to buy i'm going to answer everything around this in the short one minute video so watch till the end why because it's 8% down you know my previous idea that i had with adobe was just doubling down this bullish momentum and it it would have been nice if the price came... Read more

Attention Should You Buy Apple Stock NOW thumbnail
Attention Should You Buy Apple Stock NOW

Category: Film & Animation

Start so apple had yesterday's big event revealing the new iphone 16 the new watch and we're going to talk about apple today and we're going to ask the question should we buy or sell apple at the current state of the company first let's take a look at the markets as always my name is no bm portfolio... Read more

FUBO STOCK- LOOKING TO RUN BUT FIGHTING THE MARKET [FUBOTV thumbnail
FUBO STOCK- LOOKING TO RUN BUT FIGHTING THE MARKET [FUBOTV

Category: Entertainment

Friends hello let's talk about fubo stock what's going on here i'm going to say some things and i i think there's kind of a general consistence right now in the zeitgeist of uh the markets the economy where everything's going that will affect fubo here in the short term but i do want before i say some... Read more

Breaking Down Nvidia's Stock Earnings Aftermath! | VectorVest thumbnail
Breaking Down Nvidia's Stock Earnings Aftermath! | VectorVest

Category: Education

[music] all right all right all right good evening vvv nation my name is ryan welcome to the channel especially if this is your first time today's going to be nvidia so what else would you expect me to talk about right nvidia's earnings now i do record this video in the morning it's pre-market right... Read more

⛔️ URGENT! 🤑 NVIDIA IS CRASHING AND THIS IS WHAT I AM DOING! thumbnail
⛔️ URGENT! 🤑 NVIDIA IS CRASHING AND THIS IS WHAT I AM DOING!

Category: Education

Welcome back everyone we have a ton to dig into nvidia what are you doing to me i thought we were friends i go out i buy you dinner we we're hanging out we're going to a party and you hit me over the head i don't get it but i'll tell you what i'm not done i'm not done we're going to save this friendship... Read more

ADBE Stock Friday CRAZY! (buy now?) ADBE stock best stock trading broker review thumbnail
ADBE Stock Friday CRAZY! (buy now?) ADBE stock best stock trading broker review

Category: Education

Adbe stock analysis tomorrow and onward in this one minute video i'm telling you whether adobe incorporated stock is a bu now for me so watch the short video till the end $586 193 boom finally seen double brace happening so what does that mean it pretty much means that now it's game on so let's talk... Read more

Nvidia (NVDA Stock) Headed For Another Correction? Everything Investors Need to Know Now thumbnail
Nvidia (NVDA Stock) Headed For Another Correction? Everything Investors Need to Know Now

Category: Entertainment

Happy thursday, everyone. nvidia earnings have finally come out. and was it the biggest earnings of the year? it was as expected. and that's a good thing, even if the stock might be, headed for another dip again. i don't know, post earning stock reactions, we don't pay much attention to, unless it's... Read more

Why NVDA $50 billion stock buyback is good! #shorts #stockmarket thumbnail
Why NVDA $50 billion stock buyback is good! #shorts #stockmarket

Category: Education

Did you know 70% of major companies are buying back their own stocks here's why it's a big deal for investors before we dive in take a moment to hit that subscribe and like buttons if you like getting the most up-to-date financial information so what exactly is a stock buyback it's when a company buys... Read more

Mike Wilson Reveals End of 2024 Outlook thumbnail
Mike Wilson Reveals End of 2024 Outlook

Category: Entertainment

I think what happened in august is really important because that was kind of your warning shot and i think a lot of people have just sort of think oh that was unfortunate you know a couple of weeks and and the reality is we have not made a higher high yet we're making lower highs we're sort of trending... Read more

Crowdstrike Stock Earnings: Is This a Buy The Dip Moment? thumbnail
Crowdstrike Stock Earnings: Is This a Buy The Dip Moment?

Category: Education

After nvidia's earnings report we now have crowd strike now here the the story is a bit different right nvidia's expectations were quite high they delivered but the stock is currently down after hours if you miss that video it's going to be in the top right corner with crowd strike of course all the... Read more

AAPL Stock Tomorrow NEWS! (hurry) AAPL stock best CRM for agency trading next thumbnail
AAPL Stock Tomorrow NEWS! (hurry) AAPL stock best CRM for agency trading next

Category: Education

Aap stock tomorrow easy to buy let's see where is it going in the next upcoming days weeks and months looking at apple incorporated we're sitting at 29 bucks i'm actually just very very um very biased towards the builder side but like not not in a way that i'm going to just start buying and just doing... Read more

NVDA EARNINGS DAY  - Stock Market LIVE, Live Trading, Stocks To Buy NOW thumbnail
NVDA EARNINGS DAY - Stock Market LIVE, Live Trading, Stocks To Buy NOW

Category: Education

All righty all right ladies and gentlemen i hope you are having a wonderful day it is august 28th 2024 6 a.m. pacific time 30 minutes here ahead of the bell and if you are new to this channel what you are about to witness is 7 hours of the stock market we're going to go hours of the stock market we're... Read more