Latest news with #AABL
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Business Standard
27-06-2025
- Business
- Business Standard
This liquor company's stock gained 9% in trade; rose 61% in one year
Associated Alcohols & Breweries shares spiked 8.5 per cent in trade on Friday, logging an intraday high at ₹1,165.8 per share on BSE. At 12:23 PM, Associated Alcohols share price was trading 4.32 per cent higher at ₹1,119.95 per share on the BSE. In comparison, the BSE Sensex was up 0.26 per cent at 83,970.16. The company's market capitalisation stood at ₹2,024.87 crore. Its 52-week high was at ₹1,496.3 per share and 52-week low was at ₹648.8 per share. In one year, Associated Alcohols shares have gained 61 per cent as compared to Sensex's rise of 6 per cent. CATCH STOCK MARKET LIVE UPDATES TODAY Why were Associated Alcohols shares rising? The buying interest on the counter came after Associated Alcohols launched its premium blended malt whisky 'Hillfort' in the State of Uttar Pradesh. Following the commercial rollout of Hillfort, the company intended to introduce additional proprietary products including Nicobar Gin, CP Vodka, and other premium products. "We wish to inform you that Associated Alcohols & Breweries Limited ('the Company') has launched its premium blended malt whisky 'Hillfort' in the State of Uttar Pradesh . The product is now available across select retail outlets," the filing read. About Associated Alcohols Established in 1989, Associated Alcohols and Breweries operates alcoholic beverages manufacturing facilities near Indore, Madhya Pradesh. The company's core focus is on producing Indian Made Foreign Liquor (IMFL), supported by an advanced infrastructure with 41 bottling lines that can produce 16 million cases annually. The company also has a manufacturing capacity of 45 MLPA of Extra Neutral Alcohol (ENA) and 40 MLPA of Ethanol. The company is involved in the sales of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL), Extra Neutral Alcohol (ENA), and Ethanol. Additionally, AABL operates as an IMFL franchisee for Diageo and Inbrew, further diversifying its portfolio, and is also actively engaged in contract manufacturing for United Spirits Limited (Diageo). With operations spanning five states—Madhya Pradesh, Kerala, Delhi, West Bengal, and Chhattisgarh—AABL has established itself as a key player in the alcoholic beverages industry, catering to diverse markets and consumer preferences.
Business Standard
27-06-2025
- Business
- Business Standard
Associated Alcohols gains after launching whiskey 'Hillfort' in Uttar Pradesh
Associated Alcohols & Breweries jumped 3.97% to Rs 1,116.25 after the company launched its premium blended malt whisky 'Hillfort' in Uttar Pradesh, available across select retail outlets. Following the commercial rollout of Hillfort, the company intends to introduce additional proprietary products including Nicobar Gin, CP Vodka, and other premium products, as part of a phased pan-India expansion strategy. The company said that it plans to launch its premium products in a few more states shortly, and the same shall be communicated to the exchange upon execution. Prasann Kumar Kedia, managing director, stated The launch of Hillfort in Uttar Pradesh marks a significant milestone in our journey toward premiumization and strategic geographic expansion. We are thrilled to introduce our premium offering to one of Indias most evolved and discerning liquor markets. This move underscores our commitment to delivering differentiated, high-quality spirits that resonate with modern consumers, and we look forward to deepening our presence in this important region. Associated Alcohols and Breweries (AABL) operates a state-of-the-art integrated alcoholic beverages manufacturing facility near Indore, Madhya Pradesh. AABL's core focus is on producing Indian Made Foreign Liquor (IMFL). The company is involved in the sales of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL), Extra Neutral Alcohol (ENA) and Ethanol. The companys standalone net profit jumped 82.3% to Rs 22.33 crore on 0.1% increase in net sales to Rs 242.48 crore in Q4 FY25 over Q4 FY24.
