India, Feb. 4 -- India's breweries and distilleries sector thrives amid rising disposable incomes and premiumization trends. In FY2025, the alcohol market reached USD 60.11 billion, growing at a 7.7% CAGR, fueled by spirits dominating 35.1% share and mid-range products at 40.3%. Sales volumes hit around 450 million cases, up from 405 million prior, with South India contributing 58% of whiskey. Urban youth drive this dynamic industry forward.

With a market capitalisation of Rs 14,307.17 crore, the shares of Allied Blenders and Distillers Ltd were trading at Rs 511.50 per share, increasing around 0.36 percent as compared to the previous closing price of Rs 509.65 apiece.

Brokerage Recommendation ICICI Direct has issued a 'Buy' rating on t...