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 · 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 · 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...
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.
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 ₹...
Dec 7, 2023 · As per a regulatory filing, Alok Industries has entered into facility agreements with SBI for a term loan of Rs 1,750 crore for repayment of existing loans from banks as a part of financial ...
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...
Alok Industries owes close to Rs8,000 crore to SBI, of which Rs3,700 crore has turned non-performing. The firm’s overall outstanding debt stands at about Rs20,000 crore. Separately, a Mumbai...
