Reliance Industries
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May 30, 2024 · 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.
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 ...
Jan 2, 2024 · Alok Industries witnesses 20% surge as RIL Invests Rs 3,300 Crore through preferential shares This investment announcement led to a surge in trading activity, with an impressive 11 crore shares...
Jan 9, 2024 · 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...
Jan 2, 2024 · Shares of Alok Industries soared 20 percent and was locked in its upper circuit at Rs 25.80, also its highest level in 52-weeks, on January 2 after Reliance Industries Ltd (RIL) subscribed to...
Jan 9, 2024 · Updated Jan 09, 2024, 2:07 PM IST. 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....
Jan 5, 2024 · Shares of textiles manufacturer Alok Industries rallied almost 16 percent in trade on Friday, spiking for the 3rd time this week, after Reliance Industries invested ₹3,300 crore in the...
