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ALLIED BLENDERS PREMIUMISATION
AlcoBev company ABDL targets mid-teen growth in FY27, aims to cross Rs 600 crore EBITDAAllied Blenders and Distillers expects mid-teen revenue and volume growth by FY27. The company is focusing on premiumisation and expanding ...
Gen Z in 'high spirits' as boomers wind downYounger Indians aged 21-28 are drinking alcohol more frequently than before. This trend challenges the idea that Gen Z avoids alcoholic bev...
Allied Blenders and Distillers Q3 PAT up 11 pc at Rs 63.74 crAllied Blenders and Distillers Ltd on Thursday reported an 11 per cent rise in consolidated profit after tax at Rs 63.74 crore in the third...
Stocks in news: RBL Bank, Adani Total Gas, IOB, Airtel, Allied Blenders, Man IndustriesMarkets traded subdued on expiry day, ending almost unchanged amid mixed cues, with rate-sensitive sectors in focus ahead of the RBI policy...
Cheers to premiumisation! These 4 alcohol stocks can rally up to 18%. Do you own any?India’s spirits market is emerging as a high-growth consumer sector, driven by premiumisation, which boosts both topline and margins. While...
Bank Nifty to drive market rally; defence, alcobev stocks in focus: Pankaj PandeyIndian equities are poised for gains this week, driven by banking and IT sectors, according to Pankaj Pandey. He anticipates Bank Nifty lea...
Jefferies initiates coverage on 3 alcohol stocks, calls one of them dark horseJefferies initiates coverage on Indian spirits firms United Spirits, Radico Khaitan, and Allied Blenders with “Buy” ratings, citing premium...
Buy Allied Blenders & Distillers, target price Rs 400: ICICI SecuritiesICICI Securities recommends buying Allied Blenders & Distillers Ltd. shares, targeting a price of Rs 400. The company aims to leverage the ...
Hot Stocks: Brokerage firms see 15-24% upside in Zomato, Divi’s Laboratories & Allied BlendersTop brokerages ICICI Securities, Citi, and Jefferies recommend Allied Blenders, Divi’s Laboratories, and Zomato, highlighting growth in pre...
Even liquor fails to get a high in the Sept quarterDemand for spirits dropped by 1% in the September quarter, marking the first decline since the pandemic. Factors like flooding, increased t...
A third of the 30 fastest growing spirits brands in the world are Indian, says new reportWhile Iconiq White Whisky by Allied Blenders and Distillers sold 1.6 million cases in 2023 to top the list, it's not just whisky brands tha...
Spirits up once again in 2022 as alcohol sales hit 4-year highThe market, especially for premium products across categories, saw a sharp recovery in 2022 after a slump during the Covid-19 pandemic. The...
Liquor sales bubble over to 15% as demand increases for key segments"Based on the last ten calendar months, the industry is expected to grow in double digits, largely driven by a secular trend in premiumisat...
ABD to launch premium whisky by DecemberABD has achieved record sales last fiscal for its flagship brand Officer's Choice whiskey, which is in the mass market, by selling a record...
Pernod Ricard grows faster, narrows gap with United SpiritsThe French firm also reported a net profit of Rs 685.1 crore for FY13, more than double that of United Spirits' Rs 320.7 crore.
- United Spirits, Radico Khaitan & Tilaknagar launch higher-priced brandies to meet rising demand
Brandy is getting a makeover with liquor marketers scurrying to introduce higher-priced brandies to meet booming demand.
- Sale of premium whisky grew 19.5% in 2010
The young demographic and expanding disposable income of the Indian consumer is driving the growth of spirits today.