India's Allied Blenders jumps on block deal at premium

Allied Blenders and Distillers

24/12/2024 08:56

** Shares of Indian whisky maker Allied Blenders and
Distillers  ALLE.NS  rise as much as 3.8% to hit record high of
422.4 rupees; last up 2.4%
    ** Over 1 mln shares changed hands in a block deal at 412
rupees apiece - LSEG data 
    ** Deal at premium on last closing price of 406.8 rupees 
    ** Overall 2.7 mln shares traded, 3.4x the 30-day avg 
    ** ALLE up ~30% since trading debut on July 2 


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))