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2. economictimes.indiatimes.com › alok-industries-ltdAlok Industries Ltd. News - The Economic Times

   economictimes.indiatimes.com › alok-industries-ltd

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   May 30, 2024 · Get the latest news and updates on Alok Industries, a leading textile company in India. Find out about its financial results, tax penalties, corporate office shift, and more.

   • Alok Industries shares surge 20% after RIL invests Rs 3,300 crore

     Following the news, shares of Alok Industries soared 20% and...

3. www.moneycontrol.com › alokindustries › AI54Alok Industries Share Price, Alok Industries Stock Price ...

   www.moneycontrol.com › alokindustries › AI54

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   1 day ago · Alok Industries Share Price: Find the latest news on Alok Industries Stock Price. Get all the information on Alok Industries with historic price charts for NSE / BSE.

   • Open: 27.86
   • Value (Lacs): 2,009.45

   • Previous Close: 27.72
   • Volume: 7,296,462

4. economictimes.indiatimes.com › markets › stocksAlok Industries shares surge 20% after RIL invests Rs 3,300 crore

   economictimes.indiatimes.com › markets › stocks

   • Cached

   Jan 2, 2024 · Following the news, shares of Alok Industries soared 20% and were locked in the upper circuit. In the last one year period, the stock has returned 64%. Earlier, Alok Industries said that the non-convertible preferential shares would have a dividend of 9% per annum on a cumulative basis and be redeemable at par at any time at the option of the ...

5. www.moneycontrol.com › news › businessAlok Industries stock soars 20% after RIL pours in Rs 3,300 ...

   www.moneycontrol.com › news › business

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   Jan 2, 2024 · Reliance Industries Ltd (RIL) subscribed to non-convertible redeemable preferential shares worth Rs 3,300 crore in Alok Industries, a textile manufacturing company. The stock surged 20 percent and was locked in its upper circuit at Rs 25.80, its highest level in 52-weeks.

6. www.businesstoday.in › markets › company-stockAlok Industries shares up 45% in 3 sessions after Reliance ...

   www.businesstoday.in › markets › company-stock

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   Jan 9, 2024 · Alok Industries shares have gained 45% in three sessions after Reliance Industries invested Rs 3,300 crore in the company. The stock is under short-term ASM framework and has technical support at Rs 35 and resistance at Rs 40.

7. www.livemint.com › market › stock-market-newsAlok Industries shares jump 80% in six straight sessions ...

   www.livemint.com › market › stock-market-news

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   Jan 9, 2024 · Alok Industries shares have risen over 80% in six sessions since Reliance Industries bought 9% stake in the company for ₹3,300 crore. Stock market experts see more upside potential and target ₹48 per share in the short term.

8. People also ask

   What is the target price for Alok Industries shares?

   • Alok Industries share price: One can expect a target price of Rs 45 for Alok Indutries shares, keeping a stop loss placed at Rs 29, an analyst told BT TV. Alok Ind said Reliance Industries has infused Rs 3,300 crore through investment in Non-Convertible Redeemable Preference shares.

   Alok Industries shares up 45% in 3 sessions after Reliance funding; can

   www.businesstoday.in/markets/company-stock/story/alok-industries-shares-up-45-in-3-sessions-after-reliance-funding-can-this-strong-upmove-sustain-412444-2024-01-09

   See all results for this question

   Why did Alok Industries surge 20 percent?

   • This volume is notably higher than the one-month daily traded average of 4 crore shares. Alok Industries witnesses 20% surge as RIL invests Rs 3,300 Crore through preferential shares. {Photo: Facebook} On January 2, the shares of Alok Industries experienced a remarkable surge, climbing 20 percent and hitting its upper circuit at Rs 25.80.

   Alok Industries witnesses 20% surge as RIL invests Rs 3,300 Crore

   www.financialexpress.com/market/alok-industries-witnesses-20-surge-as-ril-invests-rs-3300-crore-through-preferential-shares-3353154/

   See all results for this question

   Are Alok Industries shares in a bull trend?

   • Alok Industries shares have surged from ₹ 21.20 per share to ₹ 39.05 apiece levels in the last six straight sessions. (Photo: Bloomberg) Alok Industries shares have been in a bull trend since 2nd January 2024. In these six straight sessions, Alok Industrties share price has been hitting 52-week highs regularly.

   Alok Industries shares jump 80% in six straight sessions ... - Mint

   www.livemint.com/market/stock-market-news/alok-industries-shares-jump-80-in-six-straight-sessions-experts-see-more-rally-11704776325243.html

   See all results for this question

   How much money did Alok Industries get from Reliance Industries?

   • Alok Industries has raised Rs 7,000 crore from parent Reliance Industries, Axis Bank, and State Bank of India. The textile manufacturer secured Rs 3,700 crore in term loans and working capital loans from banks and received Rs 3,300 crore from Reliance Industries in the form of non-convertible cumulative redeemable preference shares.

   Alok Industries Ltd. News - The Economic Times

   economictimes.indiatimes.com/alok-industries-ltd/stocksupdate/companyid-10648.cms

   See all results for this question

   Why are Alok Industries shares rising?

   • According to stock market experts, Alok Industries shares are rising after the news of Reliance Industries investing in this company via a preferential route. Alok Industries informed Indian stock market exchanges on 2nd January 2024 that it has received ₹ 3,300 crore investment from the Sensex heavyweight.

   Alok Industries shares jump 80% in six straight sessions ... - Mint

   www.livemint.com/market/stock-market-news/alok-industries-shares-jump-80-in-six-straight-sessions-experts-see-more-rally-11704776325243.html

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   Will Alok Industries stock go up to 39 apiece levels?

   • Expecting further upside in Alok Industries shares, Sumeet Bagadia, Executive Director at Choice Broking said, "Alok Industries shares are in a bull trend and it may soon go up to ₹ 39 apiece levels. So, those who have Alok Industries shares in their stock portfolio, are advised to hold the scrip for the ₹ 44 target maintaining stop loss at ₹ 33.

   Alok Industries shares jump 80% in six straight sessions ... - Mint

   www.livemint.com/market/stock-market-news/alok-industries-shares-jump-80-in-six-straight-sessions-experts-see-more-rally-11704776325243.html

   See all results for this question

9. www.financialexpress.com › market › alok-industriesAlok Industries witnesses 20% surge as RIL invests Rs 3,300 ...

   www.financialexpress.com › market › alok-industries

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   Jan 2, 2024 · Alok Industries shares jumped 20 percent on January 2, 2024, after Reliance Industries subscribed to preferential shares worth Rs 3,300 crore. The investment was made at a dividend rate of 9 percent and with a redemption option within 20 years.