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Aug 26, 2024 · ALOK Historical Data. Get free historical data for ALOK. You'll find the closing price, open, high, low, change and %change of the Alok Industries Ltd. share for the selected range of...
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Alok Industries Limited manufactures and sells textile...
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Alok Industries Limited manufactures and sells textile...
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This case study aims to give a brief about the background and birth of the company, factors that led to its fall, the process under IBC, its acquisition by Reliance Industries Limited and JM Financial Ltd ; and post CIRP performance of the Alok Industries Limited.
Company History - Alok Industries Ltd. YEAR EVENTS 1986 - Alok Textiles Industries Limited was incorporated as a private limited company on 12th March, and the name was changed to Alok Textile Private Ltd. on 17th November, 1992.
The Yearly Results page of Alok Industries Ltd. presents the key annual result items, its comparison with the sector peers and its Annual Results for the last five years.
Sep 9, 2023 · By 2024, its share price rose to ₹25.41. It gave a positive return of over 733% with a CAGR of 52.8% over the last 5 years. If you had invested ₹10,000 in Alok industries in 2019 then in 5 years, your investment would have grown to ₹83,311 by 2024, which is 8.33 times of your initial investment.
Jan 23, 2012 · In 2010-11, Alok Industries has invested Rs. 1,858.81 crores across various divisions. A major portion of this was towards cotton spinning, expansion of weaving and processing capacities, setting up of the additional continuous polymerization (CP) plant, and expansion of the texturising plant and regular capex.
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May 28, 2020 · The Mumbai-based bankrupt integrated textile manufacturer was acquired by Reliance Industries along with JM Financial Asset Reconstruction Company last year after the Ahmedabad bench of the National Company Law Tribunal (NCLT) had in March 2019 approved their bid for Rs 5,050 crore.