Latest news with #Hillfort
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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.
Business Standard
27-06-2025
- Business
- Business Standard
Stock Alert: Hitachi Energy, Power Mech Projects, Torrent Pharma, Western Carriers
Stocks to Watch: Hitachi Energy India has received an order from Power Grid Corporation of India to supply 30 units of 765-kilovolt (kV) 500 megavolt-ampere (MVA) single-phase transformers. Power Mech Projects has secured orders worth Rs 159 crore from Bihar State Power Generation Company (BSPGCL), for setting up of grid connected distributed solar power plants for solarization of agricultural/ mixed feeders (with agricultural load) in power sub-stations through procurement of power by Bihar DISCOMs (NBPDCL/SBPDCL) at various locations in the State of Bihar Torrent Pharmaceuticals has issued commercial papers (CPs) amounting to Rs 300 crore at an interest rate of 5.93% p.a for a tenure of 92 days. NTPC's Unit 3 (660 MW) of Barh super thermal power project, stage-I (3x660 MW) declared the commercial operation with effect from 1 July 2025. Western Carriers (India) has secured a work order worth approximately Rs 230 crore from Jindal Stainless Steel. The contract spans a period of three years and covers an integrated EXIM logistics solution. Associated Alcohols & Breweries has launched its premium blended malt whisky Hillfort in Uttar Pradesh. The product is now available across select retail outlets.
Business Upturn
27-06-2025
- Business
- Business Upturn
Associated Alcohols shares jump 6% after launch of premium whisky ‘Hillfort' in Uttar Pradesh
Associated Alcohols & Breweries Ltd. saw its shares jump over 6% in early trade after the company announced the launch of its premium blended malt whisky, Hillfort , in Uttar Pradesh. The product is now available at select retail outlets across the state. This launch marks a significant step in the company's strategy to strengthen its premium alcohol portfolio. Positioned as a high-quality offering, Hillfort is expected to cater to the growing demand for premium spirits in India's second-largest alcohol-consuming market. With the successful rollout of Hillfort , the company plans to continue its premiumization journey by introducing more in-house brands. Upcoming products include Nicobar Gin and CP Vodka , along with other premium labels. These will be launched in a phased manner as part of a broader pan-India expansion strategy. Associated Alcohols shares opened at ₹1,089.90 and, at the time of writing, reached an intraday high of ₹1,155.10, while the low stood at ₹1,087.00. The stock has shown notable movement, staying well above its 52-week low of ₹647.85 and inching closer toward its 52-week high of ₹1,496.00. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
