Nomura Initiates Buy Rating on Allied Blenders with Rs 850 Target Price
Nomura has initiated coverage on Allied Blenders Distillers with a Buy rating and a target price of Rs 850, indicating an upside of around 18-20%. The company is shifting focus from its flagship Officer's Choice whisky to a broader premium and super-premium portfolio, including brands like ICONiQ White and ABD Maestro. This premiumisation strategy, along with backward integration and margin expansion, is expected to drive earnings growth. Risks include execution delays and slower premiumisation progress. Allied Blenders also plans to expand globally and launch new products like a Single Malt by 2029.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (74/100). Lens Score 37/100.
Outlets measured: economictimes, thefinancialexpress. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (72–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
thefinancialexpress broke this story on 29 Sept, 03:33 am. Other outlets followed.