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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 ...
These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the prob...
For investors who focus on the long term: 5 mid-cap stocks from different sectors with upside potential up to 28%When prices fall, caution comes naturally. Investors hesitate, portfolios are reviewed less often, and even optimists become careful. But w...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThere are market phases when one risk dominates. Then there are phases like this, when risks arrive from every direction and refuse to stan...
5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analystsWhen mid-caps were rising, every concern on valuation was treated as unnecessary caution. Investors who advised patience were told they wer...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
Officer’s Choice whiskey maker targets premium spirits segment despite war-linked inflation worriesAllied Blenders and Distillers sees strong growth in premium spirits. The company prioritizes profitability over mass volumes. This strateg...
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...
Allied Blenders and Distillers Q1 Results: Profit up fourfold to Rs 55 crore, revenue at Rs 1,776 croreAllied Blenders and Distillers on Tuesday reported a four-fold jump in its consolidated net profit to Rs 55.83 crore in the June quarter of...
Allied Blenders to expand in global markets, increase premium offeringsAllied Blenders and Distillers Ltd is expanding its super-premium and luxury portfolio through a 'build, buy, and partner' strategy, aiming...
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 ...
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...
Officer's Choice maker Allied Blenders in talks to partner global spirits firms to prop up portfolioThe talks, if fructify, will help ABD to widen its product portfolio from largely whisky to a host of spirit segments such as vodka and sco...
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...
Indians less drunk on liquor love after hike in taxesLiquor mimicked the overall consumer discretionary segment, where sales of products such as apparel, footwear and beauty slowed in India in...
ABD makes a strong shift to prestige and above, higher margin segments, ICONiQ Whisky cross 1 million casesAllied Blenders and Distillers (ABD) has announced that its ICONiQ Whisky has reached the milestone of selling over 1 million cases within ...
Spirits up! Liquor sales surge despite price hikesIndia's spirits demand increased by 12% in FY23, with demand rising for all the key segments of whisky, brandy, rum, gin and vodka, especia...
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...