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

Allied Blenders & Distillers has made headlines today as its stock price reached a new 52-week high of Rs. 540.2, marking a significant milestone for the small-cap beverage company. This achievement comes on the heels of a strong performance, with the stock outperforming its sector by 0.67% and recording a 5.64% increase over the past three days.
The company has demonstrated impressive financial metrics, boasting a remarkable return on capital employed (ROCE) of 15.95%. Its operating profit has shown robust growth, increasing at an annual rate of 38.70%. In the latest six-month period, the profit after tax surged to Rs. 135.20 crore, reflecting a staggering growth of 1,438.11%. Additionally, net sales reached Rs. 1,843.51 crore, up by 20.87%.

Institutional investors are also showing increased confidence, raising their stake by 0.79% in the last quarter, now holding 7.56% of the company. This trend underscores the growing recognition of Allied Blenders & Distillers' strong fundamentals. Over the past year, while the broader market has faced challenges, the company has delivered an impressive 49.58% return, highlighting its market-beating performance.