Alok Industries Share Price 2024: Comprehensive Analysis and Investment Insights

Alok Industries share price 2024: Alok Industries Limited is one of the trustable companies in the Indian Share market. This company is working in the textile sector and Real estate sector. The current market capitalization of this company is Rs 14057 Crore, which makes it a more trustworthy company. If we look at its Previous record then it gained good revenue and became the most profitable Indian company. If you plan to invest in the share market, you have to think about Alok Industries Limited.

In this article, we will be covering the Alok Industries share price 2024 and its related Complete details. Let’s learn about this share price and do the Investment.

Alok Industries share price 2024: Current Analysis

In the Alok Industries share price 2024, we will analyze the current share price, weekly, monthly, and 52-week share price.

Current Share Price: As of 25 June 2024; Alok Industry Share Price is Rs 27.96 which going down with a 1.27% return as per the comparison to the previous share price.

• The previous close share price of Alok Industries Limited was Rs 28.32.
• Apart from this, on this day share price is gone High Rs 29.05 and low Rs 27.85.
• The upper Circuit is going on 31.15 and the lower Circuit is 25.48.

1-Week Share Price: If we look at the past 1 week’s performance of this company’s share price then; As compared to the previous 1 Week share price increased to Rs +0.43 with an increased return of 1.56%.

1-Month Share Price: As compared to the previous 1-month share price increase at Rs +1.58 with an increase the return is 5.98%.

1-Year Share Price Analysis: If we compare the share price with the previous 1 year then it increases the Rs +10.08 with an increase in the return of 56.31%.

52-Week Share Price: If we analyze 52-week’s Share Price then it’s going Low Rs 14.55 and High Rs 39.05.

Note: Here we can see the huge difference between share prices. Which can make it good for investment.

Also Read: Havells India Share Price 2024

Alok Industries share price target

Note: The Future Target of Alok industries limited Share Price is just only an assumption, It can be changed over time.

Quartly Result Analysis Report

Share Holding Pattern of Alok Industries Limited

Brief Introduction of Alok Industries Limited

Alok Industries is an Indian Private sector Company, that was cofounded in 1986 by Surendra Jiwrajka. This company is workers in the textile and real estate sectors. If we talk about the headquarters then it’s established in Mumbai, India.

In the Indian textile sector, Alok Industries Limited is a large company which is working in different divisions in textile areas. These areas are:

• Home Textiles
• Cotton Yarn,
• Apparel Fabric,
• Garments,
• Technical Textiles,
• Textile Accessories
• Polyester Yarn

This company is working with several clothing brands like Zara, Levi’s, H&M, Tommy Hilfiger, Tesco, Walmart, Bershka, Next, and many More.

This company has several clients worldwide. It exports 26% of products in worldwide 90 countries. In which America, South America, Africa, and many other countries are coming.

If we talk about the parent company then Reliance Industries Limited owns a 75% Share of Alok Industries Limited.

Subsidiaries companies of the Alok Industries Limited

• Alok Infrastructure Limited
• Alok Worldwide Limited
• Alok International (Middle East) FZE
• Alok Singapore Pte Limited
• Alok International Inc

Board Members Details

• CEO: Ram Rakesh Gaur
• CFO: Vinod Sureka
• Company Secretary: Hitesh Kanani

Other Important Terms Analysis

• BSE Symbol:  521070
• NSE Symbol : ALOKTEXT

• P/E Ratio: -16.56
• P/B Ratio: 0.00
• Industry P/E: 25.41
• ROE: 4.28%

Conclusion

In this article, we cover the topic of Alok Industries’ share price in 2024 and also cover its related important details. If you have any suggestions related to this article then drop your suggestion below the comment box.