Alok Industries

Buy Alok Industries With Target Of Rs 32

Buy Alok Industries With Target Of Rs 32Technical analyst Krunal Dayma has maintained 'buy' rating on Alok Industries Limited stock to attain a target of Rs 32.

According to analyst, the investors can buy the stock with a stop loss of Rs 26

The stock of the company, April 28, closed at Rs 26.90 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 3.96 and 6.95 respectively.

The share price has seen a 52-week high of Rs 35 and a low of Rs 18 on BSE.

Buy Alok Industries With Target Of Rs 29

Technical analyst Salil Sharma is bullish on Alok Industries Limited and has maintained 'buy' rating on the stock with a target of Rs 29 and more.

The analyst said that the stock can be purchased with a stop loss of Rs 24.

The stock of the company, on April 11, ended at Rs 24.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 35 and a low of Rs 18 on BSE.

Current EPS & P/E ratio stood at 3.96 and 6.45 respectively.

According to fresh reports, Niraj Realtors and Shares bought 46,00,000 shares of the company on April 06 and 08 in the open market under creeping acquirement.

Intraday Buy Call For Alok Industries

Intraday Buy Call For Alok IndustriesTechnical analyst Rakesh Bansal of New Age Wealth has maintained 'buy' rating on Alok Industries Limited with an intraday target of Rs 30.

According to analyst, the investors can buy the stock with a stop loss of Rs 25.

The stock of the company, on December 30, closed at Rs 26.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 35 and a low of Rs 18 on BSE.

Current EPS & P/E ratio stood at 3.55 and 7.69 respectively.

Hold Alok Industries With Stop Loss Of Rs 21

Hold Alok Industries With Stop Loss Of Rs 21Technical analyst Prasad Kushe has maintained 'hold' rating on Alok Industries Limited with a stop loss of Rs 21.

The analyst said that the investors can exit on rally to around Rs 27-29.

The stock of the company, on December 13, closed at Rs 25.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 35 and a low of Rs 18 on BSE.

Current EPS & P/E ratio stood at 3.55 and 7.08 respectively.

Alok Industries to double revenue in 3 years

Alok Industries to double revenue in 3 yearsAlok Industries has said that it is going to double its revenue to make it $3 billion in the next three years. This, said the textile company, will happen by growing its export market and also to suffice more of domestic demand.

At present, the export market of the firm is worth 25 billion rupees as against 15 billion rupees last year. This information was given by Managing Director Dilip Jiwrajka.

The other plans include opening of 80 new retail stores of the company in UK and taking the toll to 300




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