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. This achievement comes after a robust performance, with the stock outperforming its sector by 2.11% and gaining 9.18% over the last three days. The stock opened with a notable gain of 2.38% and touched an intraday high of Rs. 511.55, reflecting strong market momentum.
In terms of financial health, Allied Blenders has demonstrated impressive growth metrics. The company reported a net sales figure of Rs. 1,843.51 crore, showcasing a year-on-year growth of 20.87%. Additionally, its profit after tax (PAT) for the latest six months stands at Rs. 135.20 crore. The company has consistently delivered positive results for five consecutive quarters, highlighting its operational efficiency with a return on capital employed (ROCE) of 15.95%.

Institutional investors have shown increasing confidence, raising their stake by 0.79% in the last quarter, now holding 7.56% of the company. With a remarkable one-year return of 62.80%, Allied Blenders & Distillers continues to stand out in a challenging market environment.