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. 511.55, marking a significant milestone for the midcap beverage company. The stock has shown impressive performance, outperforming its sector by 2.11% and achieving a remarkable 9.18% gain over the last three days. Today, it opened with a gain of 2.38%, reflecting strong market momentum.
The company's financial health is underscored by a robust return on capital employed (ROCE) of 15.95% and a substantial annual growth rate of 38.70% in operating profit. Over the last six months, net sales have surged by 20.87%, reaching Rs. 1,843.51 crore, while profit after tax (PAT) stood at Rs. 135.20 crore.

Institutional investors have shown increasing confidence, raising their stake by 0.79% in the last quarter, now holding 7.56% of the company. This trend, coupled with the stock's impressive one-year performance of 62.80%, contrasts sharply with the broader market, which has seen a decline of 2.34%. Overall, Allied Blenders & Distillers continues to demonstrate strong fundamentals and market resilience.