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Dividend stocks: LIC, Asian Paints, 28 others to remain in focus next week
Dividend stocks: CARE Ratings, Supreme Industries, Sona BLW Precision Forgings, and Allied Blenders and Distillers are among the companies that will go ex-dividend next week
Officer’s Choice whiskey maker targets premium spirits segment despite war-linked inflation worries
Allied Blenders and Distillers sees strong growth in premium spirits. The company prioritizes profitability over mass volumes. This strategy focuses on premium and luxury segments for future expansion. Demand for higher-margin products remains steady. The company expects improved EBITDA margins by fiscal year 2028. Supplies to Middle Eastern markets are resuming.
India-UK FTA, premium liquor brands to drive margin growth: Allied Blenders
Allied Blenders and Distillers targets 18% margins by fiscal year 2028. The company is focusing on premium spirits and expects cost savings from the India-UK trade deal. Investments in bottling capacity will support growth. The premium segment shows strong potential, with luxury brands set to double sales.