Bengaluru, Oct. 1 -- A domestic spirits stock saw a positive market response today as investors cheered the commissioning of a major PET bottling facility and India's first single malt distillery. The company's integrated expansion is expected to reduce reliance on external suppliers, lower logistics costs, and strengthen profitability, signaling a strategic step in the Indian alcobev sector's operational evolution.
Allied Blenders and Distillers Ltd., with a market capitalization of Rs. 14,269.41 crore, opened at Rs. 510, touched a high of Rs. 522, and had a previous close of Rs. 507.70, reflecting an intraday increase of 2.84 percent.
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Allied Blenders and Distillers Ltd. (ABD), India's largest domestic spirits company...
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