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Allied Blenders: Why Jefferies predicts 28% upside despite stagnant FY27 margin guidance

Posted on September 1, 2026
By Financial Express
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1 min read

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Allied Blenders: Why Jefferies predicts 28% upside despite stagnant FY27 margin guidance

Allied Blenders share price: Jefferies retains Buy with a Rs 780 target, implying 28% upside. ICONiQ White growth, premiumisation and margin expansion remain key drivers.