Can we invest in Alok Industries?

If you are looking for stocks with good return, Alok Industries Ltd. can be a profitable investment option. Alok Industries Ltd. quote is equal to 25.100 INR at 2021-12-17.

Is Alok Industries and Alok Textiles same?

Alok Industries Ltd is one of the leading textile group and amongst the fastest growing vertically integrated textile companies in India. Alok Industries Ltd was incorporated in the year 1986 with the name Alok Textile Industries Pvt Ltd.

How much does reliance own in Alok Industries?

Reliance Industries acquired a 37.7\% stake in textile manufacturer Alok Industries for a consideration of Rs. 250 crore. It may be recollected that Reliance had jointly bid for Alok Industries along with JM Financial Asset Reconstruction Co.

Who owns Alok Ind?

JM Financial Ltd.
Reliance Industries Limited
Alok Industries/Parent organizations

In 2017, Alok Industries was sent to the bankruptcy court and in 2018 the company was acquired by the RIL-JM Financial ARC combine for Rs 5,000 crore, resulting in an 83 per cent haircut for the lenders.

Who is the owner of Alok industry?

Alok Industries/Parent organizations

What will Reliance do with Alok Industries?

Reliance can integrate Portico with Alok Industries which it acquired last year. Reliance Industries Ltd is in talks to acquire a stake in home styling brand Portico, owned by Creative Group.

Did Rakesh Jhunjhunwala buy Alok Industries?

Rakesh Jhunjhunwala’s owned Rare Enterprises has purchased 50 lakh shares of Alok Industries at Rs 10.24 per share, on April 25, on the NSE. Alok Industries’ two-for-three rights issue of shares opened on March 30 and will close on April 27.

Is Alok Industries Ltd (AI) stock good to buy?

Our Ai stock analyst implies that there will be a positive trend in the future and the Alok Industries Ltd shares might be good for investing for making money. Since this share has a positive outlook we recommend it as a part in your portfolio.

What is the Alok Industries Ltd stock price prediction for 2026-09-07?

Alok Industries Ltd. quote is equal to 24.950 INR at 2021-09-11. Based on our forecasts, a long-term increase is expected, the “Alok Industries Ltd” stock price prognosis for 2026-09-07 is 70.323 INR.

What is the 50-day moving average of Alok Industries?

Alok Industries closes below 50-Day Moving Average of 24.34 today. This represents current trend. Click here for disclaimer. We take the quality of the messages posted on forum as seriously as our articles. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum.

What is the future outlook for Alok?

The future outlook for Alok looks good from here with the PLI scheme benefits. One good quarter and these prices can never be seen again. All 0 Like this Message. We take the quality of the messages posted on forum as seriously as our articles.