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5 days ago · 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 · 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...
2 days ago · On July 1st, 2024, Alok Industries, a midcap textile company, saw a 5.12% increase in its stock, outperforming the sector by 3.26%. This marks the second consecutive day of gains, with a total increase of 5.9% in the past two days. The stock is currently trading above its moving averages and has gained 2.18% in the textile sector, showcasing ...
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....
Apr 20, 2024 · Alok Industries Q4 Results: Textile company Alok Industries Ltd released the January-March quarter results on Saturday and posted a consolidated net loss of ₹ 215.9 crore, as compared to ₹...
Alok Industries witnesses 20% surge as RIL invests Rs 3,300 Crore through preferential shares - Market News | The Financial Express. This investment announcement led to a surge in trading...
2 days 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.
Mar 5, 2024 · Alok Industries has raised Rs 7,000 crore from parent Reliance Industries and two lenders – Axis Bank and State Bank of India, according to various disclosures by the company and people with knowledge of the matter.
Jun 22, 2023 · Amit Mudgill. Updated Jun 22, 2023, 2:43 PM IST. Alok Industries: The stock rose 7.82 per cent to hit a high of Rs 19.30 on NSE. At end of March quarter, Reliance Industries owned...
