Multibagger Stock: This Beverages company launched “Happiness in a bottle: A Happily crafted Gin.”

The shares of the company was up today by more than 4 per cent

'Happiness in a Bottle: A Happily Crafted Gin', the newest addition to Radico Khaitan's collection of ultra-premium products, has been released. Every taste of this distinctively distilled gin collection is painstakingly made to evoke joy and happiness by fusing brilliant hues, mouthwatering flavours, and an original botanical concoction.

The 'Happiness in a Bottle: A Happily Crafted Gin' collection features three entrancing flavours: Joy of Juniper, Joy of Pink, and Joy of Citrus. Each variation has a unique personality and offers a mouthwatering flavour experience that lingers on the tongue. Notably, Radico Khaitan enters the pink gin sector with the release of the "Joy of Pink" variety, enticing gin connoisseurs with its distinct appeal.

The scrip opened today at Rs 1,282.35 and reached the day's high and low of Rs 1,395.00 and Rs 1,261.35, respectively. Its 52-week high stood at Rs 1,395.00, whereas its 52-week low was Rs 865.60. The current market cap of the company is Rs 17,684.37 crore. Promoters are holding around 40.27 per cent stake in the company whereas the Institutional and non-institutional holdings are 42.14 per cent and 17.59 per cent, respectively.

One of the most recognisable IMFL (Indian Made Foreign Liquor) brands in India, Radico Khaitan was founded in the year 1943. Prior to changing its name, the business operated under the name Rampur Distillery Company and concentrated on distilling and bottling products for branded players and military canteens. Later in 1997, Radico Khaitan forayed into its own line of IMFL goods and unveiled its first brand, 8PM whisky, which quickly became their millionaire brand.