Associated Alcohols and Breweries (AABL) outperformed market volatility, gaining 27% in three months. The company’s focus on premium products, expanded proprietary brands, and new markets supports analysts’ forecast of 26% revenue and 40% profit growth by FY27.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with