Will Alok Industries become multibagger?

Alok Industries, a company that came out of bankruptcy, has turned out to be a multibagger for investors. After the company’s restructuring, the shares were listed on February 27 at Rs 14 which then fell to a low of Rs 3.95 on March 31.

Is it good to invest in Alok Industries for long term?

4. Is Alok Industries a good long term investment? Past 10 years financial track record analysis by Moneyworks4me indicates that Alok Industries Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.

Does reliance own 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.

Will Alok Industries be taken over by RIL?

Alok Industries is under ARC and is under severe stress. The possibilities of it being taken over by RIL on a slump sale basis do exists with JM Financials. The stock ha been a net wealth destroyer and is unlikely to be a multibagger.

Should I continue with Alok textile or delete it?

If you find a reasonable answer to these questions you can continue with Alok Textile else get rid of it immediately. This billion dollar startup is changing the way people retire. This Princeton grad’s startup raised $110 million. Its free tool can help you retire comfortably.

What is the PE ratio of Ashoka Buildcon shares?

PE RATIO : PE RATIO of Ashoka Buildcon stands at 12.3 which is low and comparatively undervalued. This shows the potential and power of the company.You can accumulate this stock at cmp with a target of 150 to 200 rs per share. Top dividend-paying stocks below 50rs. How to find multi-bagger stocks? Best stocks to Buy 2020? How to apply for BUYBACK?