TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Allied Blenders and Distillers Limited ( (IN:ABDL) ) just unveiled an update.
Allied Blenders and Distillers Limited has announced the expansion of its ICONiQ WINTER International Grain Whisky to the states of Uttar Pradesh and Haryana, following a successful launch in Maharashtra. This strategic move aims to capitalize on the growing demand for premium whisky during the festive winter season, with ICONiQ already achieving significant market share and growth in the prestige whisky category. The whisky, crafted with a unique blend of spices and aged in Bourbon Oak Casks, is designed to appeal to consumers seeking a warm and festive experience.
More about Allied Blenders and Distillers Limited
Allied Blenders and Distillers Limited is India’s largest domestic spirits company by volume, specializing in the production and distribution of alcoholic beverages. The company focuses on innovative products in the whisky segment, catering to diverse consumer preferences across the Indian market.
Average Trading Volume: 37,923
Technical Sentiment Signal: Buy
Current Market Cap: 174.3B INR
See more insights into ABDL stock on TipRanks’ Stock Analysis page.