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Ethanol stock jumps after it receives approval to increase production capacity by 15 Lakh bulk litres

Prominent ethanol company secures approval to expand ethanol production by 15 lakh bulk litres. Achieved through process enhancements, this capacity boost strengthens operational efficiency without extra investment, reinforcing its market presence.
Ethanol stock surges as company secures approval to boost production capacity by 15 lakh bulk litres!
Ethanol stock surges as company secures approval to boost production capacity by 15 lakh bulk litres!

Introduction:

Leading ethanol company has received approval to increase its grain-based ethanol production capacity by 15 lakh bulk litres. This expansion, achieved through process improvements, enhances output efficiency without additional investment, reinforcing its position in the industry.

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Share price movement of Allied Blenders:

On March 24, 2025, Allied Blenders and Distillers Ltd opened at ₹322.25, up 0.50% from its previous close of ₹320.65. The stock reached a high of ₹333.00 (3.86%) and a low of ₹321.00. By 11:50 AM, it traded at ₹329.45, a 2.74% increase, with a market cap of ₹9,215.05 crore.

Allied Blenders Expands Ethanol Capacity:

Allied Blenders and Distillers Ltd. has received approval to enhance its ethanol production capacity by 15 lakh bulk litres for the financial year 2024-25. This increase, sanctioned by the Commissioner of Prohibition & Excise, Hyderabad, is subject to applicable licensing fees.

The company’s existing capacity of 600 lakh bulk litres operates at full utilization. With process improvements, the additional capacity has been achieved without requiring further investment. The increased production will be effective immediately and remain valid until March 31, 2025, at its Telangana-based facility.

This strategic move strengthens Allied Blenders and Distillers Ltd.’s ethanol production capabilities. As ethanol continues to gain importance in fuel blending and industrial applications, the capacity expansion positions the company for enhanced supply chain efficiency.

Recent news on Allied Blenders:

As of March 01, 2025, Allied Blenders and Distillers Ltd. acquired an 80% stake in ABD Maestro Pvt., partnering with actor Ranveer Singh. Bikram Basu was appointed as managing director, while Singh will serve as the creative and business partner.

Stock performance of Allied Blenders for Period of 1 week, 1 month, and 6 months:

Allied Blenders and Distillers Ltd. recorded a 2.91% gain over the past week but saw a 3.60% decline in the last month. Over six months, the stock dropped 8.14%, reflecting mixed performance amid market fluctuations.

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Shareholding pattern of Allied Blenders:

ParticularsDec 2024Sep 2024Jun 2024
Promoter80.90%80.90%80.90%
FII2.60%2.80%3.80%
DII4.00%4.10%5.70%
Public12.50%12.10%9.60%
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About Allied Blenders:

Allied Blenders and Distillers Ltd (NSE: ABDL), incorporated in 2008, produces and sells whisky, brandy, rum, gin, and vodka across various segments. Its key brands include Officer’s Choice Whisky, Officer’s Choice Blue, ICONiQ White, Sterling Reserve, and Zoya.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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