Book profits in Radico Khaitan: Jagannadham Thunuguntla

In a chat with ET Now, Jagannadham Thunuguntla, Equity Head & HoR, SMC Capitals, shares his views on Radico Khaitan. Excerpt:

ET Now: Liquors stocks have been in focus too for other reasons as well, what is the call on Radico Khaitan?

Jagannadham Thunuguntla: It is better to ride the rally but keep booking profits on the way. It is one of those again where 50% profit booking will not harm you.

Momentum is still showing that probably some more is yet to come.