Allied Blenders & Distillers Ltd News

Allied Blenders gets new 'Buy' from JM Financial; 19% upside seen for stock

JM Financial noted Allied Blenders' rising presence in premium IMFL via its Maestro launches and improving profitability

Allied Blenders & Distillers up 4% as arm partners with Ospree Duty Free

The buying on the counter came after the company's subsidiary, ABD Maestro, announced a strategic collaboration with Ospree Duty Free

Nuvama upbeat on alco-bev space, bets on United Spirits and ABD; here's why

Raw material costs will remain supportive for spirits players, with prices of ENA (extra neutral alcohol) and glass expected to stay benign

Allied Blenders plans double-digit growth, higher margins by FY27

Allied Blenders plans to invest Rs 547 crore to strengthen backward integration, expand globally, and grow its premium and luxury portfolio, aiming for higher margins and sustainable growth

Diwali cheer for liquor stocks: Radico, Allied Blenders record new highs

Liquor stocks in focus: Radico Khaitan sees substantial long-term opportunity in premium and luxury brands owing to rising affluence, evolving preference, and rising demand for elevated experiences.

Allied Blenders and Distillers rises 5%; what's boosting investor interest?

The demand on the counter came after the company's subsidiary, ABD Maestro's portfolio, secured accolades for three brands

Jefferies starts coverage on spirit stocks; Radico, United Spirits top bets

Jefferies has a target price of ₹2,800 per share for Radico Khaitan, ₹1,315 for United Spirits, and ₹620 for Allied Blenders

What's driving Allied Blenders, Globus Spirits stock today? Find out here

Allied Blenders has surged 87% from its 52-week low; while Global Spirits has rallied 37% so far in July.

Allied Blenders & Distillers looks to take advantage of India-UK FTA

Allied Blenders & Distillers aims to add more luxury labels, improve gross margins by 300 bps, and tap UK-India FTA as it focuses on growth in prestige segments