Associated Alcohols & Breweries standalone net profit rises 43.48% in the June 2024 quarter

Anshuman Kedia and Vedant Kedia, Directors of Associated Alcohols & Breweries' expand on their expectations from the 2024 Union Budget with respect to government's plans for ethanol blending.

#ethanol #budget2024 #alcohol 
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What's On Associated Alcohols & Breweries' Budget Wishlist For Ethanol Blending?

Ventura SecuritiesAssociated Alcohols (Buy)Target: ₹870CMP: ₹472.55Associated Alcohols &amp; Breweries Ltd (AABL) is one of the most undervalued stocks in the listed alcohol beverage industry. Its

Broker’s call: Associated Alcohols (Buy)

Ventura Securities is bullish on Associated Alcohols and Breweries has recommended buy rating on the stock with a target price of Rs 870 in its research report dated September 28, 2021.

Buy Associated Alcohols And Breweries; Target Of Rs 870: Ventura Securities

Current weakness in stock an opportunity to go long

Weekly Tactical Stock Pick - Associated Alcohols And Breweries

Associated Alcohols & Breweries standalone net profit rises 40.41% in the March 2021 quarter

BRIEF-Associated Alcohols & Breweries Says Rahul Tiwari Appointed CFO

For expansion of distillery capacity and setting up 8 MW turbine

Associated Alcohols & Breweries finalizes capex of Rs 110 cr

Looking to the opportunity, the plant will have dual features of both ENA & ethanol manufacturing.

Associated Alcohols & Breweries expands its alcohol manufacturing capacity worth Rs110cr

BRIEF-India’s Associated Alcohols & Breweries Says To Expand Alcohol Manufacturing Capacity At Existing Distillery Complex

Associated Alcohols & Breweries standalone net profit rises 19.08% in the September 2020 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Associated Alcohols & Breweries Limited is a distillery company. The Company is engaged in the manufacture of alcoholic liquor. It operates through Potable Alcohol segment.