{
Allied Blenders and Distillers Limited

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}

Allied Blenders poised for growth with new product launches and premiumisation strategy

ICICI Securities has initiated coverage on Allied Blenders and Distillers Limited with a "BUY" rating and a target price of Rs 400. The company is poised to benefit from the premiumisation trend in the alco-beverages sector, with plans for new product launches and a focus on enhancing its brand mix in the Officer’s Choice Whisky segment. Expected revenue and EBITDA growth rates of 10% and 30% respectively from FY24 to FY27 are projected, although risks include potential regulatory changes and challenges in scaling the premium segment.
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Indian Rupee Allied Blenders and Distillers Limited IND
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07:26 29.11.2024
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