Alok Industries Ltd Share price target
About Alok Industries :
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.
About Alok Industries Share:
- Market Capitalization of Alok Industries stock is Rs. 11,345.57 Cr.
- 52 Week high of Alok Industries share is Rs 32.25 while 52 week low is Rs 18.7.
- Following are the key changes to Alok Industries shareholding. Promoter holding has not changed since last quarter , Domestic Institutional Investors holding has not changed since last quarter and Foreign Institutional Investors holding has gone up from 1.3% June to 1.39% September.
- Key metrics is a good way to quickly analyze a stock. PE Ratio of Alok Industries share is -15.24.
- Market Cap of Alok Industries is Rs. 11,345.57 Cr and Price to Book ratio of Alok Industries stock is -0.62.
Alok Industries Share Price Target 2021 Q4
- November 2021 – 23.20 Rs
- December 2021 – 21.50 Rs
Alok Industries share price target 2022
- 2022 Jan – 22.00 Rs
- 2022 Feb – 23.10 Rs
- 2022 Mar – 23.50 Rs
- 2022 Apr – 24.10 Rs
- 2022 May – 25.65 Rs
- 2022 Jun – 24.35 Rs
- 2022 Jul – 23.15 Rs
- 2022 Aug – 26.05 Rs
- 2022 Sep – 25.89 Rs
- 2022 Oct – 26.35 Rs
- 2022 Nov – 26.95 Rs
- 2022 Dec – 27.26 Rs
Alok Industries price target 2023 – 29.25 Rs
Alok Industries share price target 2024 – 29.15 Rs
Alok Industries share price target 2025 – 30.50 Rs
Alok Industries share price target 2026 – 35.30 Rs
Alok Industries share price target 2027 – 43.35 Rs
Alok Industries share price target 2028 – 49.20 Rs
Alok Industries share price target 2029 – 58. 80 Rs
Alok Industries share price target 2030 – 65.00 Rs
Alok industries share price target 2022
Most of the people are investing in the share of Alok industries because of this, a big company like Reliance has bought it. Due to which the trust of the people has increased a lot on this stock. Ever since Reliance started running the company, there has been a lot of improvement in the results. However, the company has not yet seen in profit. But sales have been shown to show very good growth.
If the company sees growth in the coming days like this, then profit is also going to be earning. Due to which the share price will also be seen increasing. There is every possibility of showing the company’s share price of Rs 36 by 2022. As soon as this target becomes interest, you chuckle by holding for the target of Rs 40.
Alok industries share price target 2023
Very good infrastructure strength is seen near the company. Reliance is also trying its best to grow its textile business by using it well. Ever since the Indian government seems to be focusing more and more on domestic production. Due to this, Alok industries are seen to be getting good benefits. Due to which the Reliance company was seen buying a lot in spite of the debt on Alok Industries.
When slowly the company starts expanding its business, its debt will also be seen decreasing. Talking about the share price of Alok Industries in 2023, the first target shows you Rs 53. After that the second target is Rs 57.
Alok industries share price target 2025
As long as Reliance is associated in Alok industries, the company has the potential to move forward. Because everyone knows Reliance Industries knows how to use every opportunity well. As long as the company remains with it, it will definitely keep searching for some opportunity for it.
In the coming days, Reliance’s retail business will be seen selling the products of Alok industries through them. Because of which the company seems to be growing very soon. If the company manages to catch AC Absar, then by 2025 its share price can be seen showing the first target of 90 rupees. Then the second target will be seen touching Rs 96.
Alok industries share price target 2030
कंपनी ने पहले से ही अपने बिज़नस में महारथ हासिल किया है। लेकिन कर्ज एकमात्र वजह थी जिसकी वजह से कंपनी डूबती हुवे नजर आया था। अब कंपनी के बिज़नस के लिए कर्ज रुकावट कारण नहीं है। क्योंकि इसके पीछे Reliance का साथ जुड़ा हुआ हैं। जिसकी वजह से कंपनी पहले से भी ज्यादा तेजी से इसका बिज़नस बढ़ते नजर आ चकता हैं।
As the company’s business will be seen seeing good growth, there is going to be a tremendous jump in the stock. In the long run, if its share price is seen by 2030, then the first target seems likely to go around Rs 370. After that the second target is to buy for Rs 390.
Alok industries Future:
Since the company has been bought by Reliance, then there is definitely hope of growth in this company in the future. For Reliance too, no one looks better than Alok Industries, a subsidiary company, to increase its retail business. In the coming days, as soon as both of them work together, it is going to grow slowly on its own. If the management of the company is seen to be successful in running this business in the right way, then the investor is also going to see huge profits.