Nomura initiated a buy rating on Allied Blenders with a target price of about 800 rupees

Mon 28 Sep 2026

Heard on Live TV News Channel between 15:45:06 - 15:46:21 IST.

• Nomura initiated coverage with a buy rating, target price around 800 rupees
• Sees company 'firing on all cylinders' for next growth phase
• Expects new launches across white spaces and prestige-and-above segment to support expansion
• Backward integration expected to drive mid-teen sales growth and mid-20s EPS growth between FY26-FY29
• Sees about 370 basis points of margin expansion led by premiumization, backward integration and UK FTA

The call above is Nomura's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.