Is Alok a good investment?

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 22.900 INR at 2021-11-02.

What is next target of Alok Industries?

Tomorrow’s movement Prediction of Alok Industries Limited ALOKINDS as on 17 Dec 2021 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session….Munafa value: 35 as on 17 Fri Dec 2021.

Downside target	22.63
Upside target	26.43
Upside target	27.77

Is Alok Industries good for long term?

Is ALOK INDUSTRIES good for long term investment? As on 15-Dec-2021, the Fundamentals of ALOK INDUSTRIES look Poor and hence it may not be good for long term investment !

Who owns Alok Industries?

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

Is Alok Industries a good company?

Good job place Alok industry is the well textile industry.in this company management are very nice. i like it. Alok is the best company for working culture is good i prefer this company.

Why did Alok Industries fail?

But the train of losses, competition, and operational inefficiency caused it to shut down more than half of them. Alok Industries shut all its retail outlets in India. A few outlets in the UK which are still in functioning mode are also on the verge of shutting down.

What type of company is Alok Industries?

Textile manufacturing company
Alok Industries Ltd, is an Indian Textile manufacturing company based in Mumbai, India. ISO 9001:2000 certified company. Its main business involves weaving, knitting, processing, home textiles, ready made garments and polyester yarns.

What is Alok salary?

Alok Industries Salaries

Job Title	Salary
Assistant Manager salaries – 4 salaries reported	₹59,427/mo
Graduate Engineer Trainee salaries – 2 salaries reported	₹22,261/mo
Data Analyst salaries – 2 salaries reported	₹7,18,029/yr
Manager salaries – 2 salaries reported	₹58,897/mo

What is work of Alok Industries?

Alok Industries Ltd, is an Indian Textile manufacturing company based in Mumbai, India. Its main business involves weaving, knitting, processing, home textiles, ready made garments and polyester yarns. It exports 26\% of its products to over 90 countries in the US, Europe, South America, Asia and Africa.

What happened to Alok Industries?

Alok Industries, once a bankrupt textile manufacturer based out of Mumbai, was taken over by Mukesh Ambani’s Reliance Industries along with JM Financial Asset Reconstruction company earlier this year. Post restructuring, Alok Industries stock was listed on the bourses on February 27, at a price of Rs 14.

How much does it cost to manufacture Alok Industries PPE kits?

Alok Industries will manufacture more than 1 lakh PPE kits per day at a cost of Rs 650 per unit, which will be at one-third the cost of PPE kits imported from countries like China.

How much did Alok industries owe lenders before heading into insolvency proceedings?

Alok Industries owed lenders Rs 30,000 crore before heading into insolvency proceedings. Recently, Alok Industries has been asked by Reliance Industries to manufacture PPE kits as the country fights the novel coronavirus pandemic, according to reports.