Allied Blenders & Distillers Achieves 52-Week High Amid Strong Financial Performance

Allied Blenders & Distillers has made headlines today as its stock price reached a new 52-week high of Rs. 505, marking a significant milestone for the midcap beverage company. This achievement comes after a strong performance over the past four days, during which the stock has gained 12.12%. Notably, Allied Blenders has outperformed its sector by 0.69%, showcasing its robust market position.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. In the past year, Allied Blenders has delivered an impressive return of 53.00%, significantly outpacing the BSE500 index, which has seen minimal growth of just 0.06%.

Financially, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 15.95%. Its operating profit has grown at an annual rate of 38.70%, while net profit has increased by 36.8%. The company has consistently reported positive results over the last four quarters, further solidifying its strong financial standing. With a healthy operating profit to net sales ratio of 14.76%, Allied Blenders & Distillers continues to be a notable player in the beverage industry.