Alok Industries share Price Traget 2024, 2025, 2026, 2027, 2030, 2035, 2040, 2045, 2050

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NSE: ALOKINDS Share Price Target: Today we talking about the Alok Industries Share Price Target 2023 to 2050. Alok Industries Ltd is an Indian Textile manufacturing company based in Mumbai. It Is Owned By Reliance Industries.
While large-cap stocks generally command the stock market, certain penny stocks have delivered unexpected returns. A notable example is the shares of Alok Industries, owned by Mukesh Ambani’s textile company. These shares experienced a 20% surge, reaching a price of Rs 25.80, marking the stock’s highest level in the past 52 weeks.
 
People search on Google for the Alok Industries share price target. Today we will tell you what Alok Industries Ltd’s share price target will be in 2023, 2024, 2025, 2026, 2027, 2030, 2035, 2040, 2045, and 2050.

From here you can know whether Alok Industries’s stock should be bought or sold. Alok Industries shares future predictions for 2023, 2024, 2025, 2030, 2035, and 2050.

nse: Alok Industries Share Price Target’s share has increased by +10.00 

Alok Industries Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2035, 2040, 2050

Alok Industries Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2035, 2040, 2050

Alok Industries Share Price Target 2024

Based on analysis by stock experts, The share price range is set at ₹25.50 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹35.50

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Year 1st Target Rs. 2nd Target Rs.
2024 ₹25.50 ₹35.50

Alok Industries Share Price Target 2025

Based on analysis by stock experts, The share price range is set at ₹40 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹53.

Year 1st Target Rs. 2nd Target Rs.
2025 ₹40 ₹53

Alok Industries Share Price Target 2026

Based on analysis by stock experts, The share price range is set at ₹60 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹70.

Year 1st Target Rs. 2nd Target Rs.
2026 ₹60 ₹70

Alok Industries Share Price Target 2027

Based on analysis by stock experts, The share price range is set at ₹80 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹90.

Year 1st Target Rs. 2nd Target Rs.
2027 ₹80 ₹90

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Alok Industries Share Price Target 2030

Based on analysis by stock experts, The share price range is set at ₹110 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹150.

Year 1st Target Rs. 2nd Target Rs.
2030 ₹110 ₹150

Alok Industries Share Price Target 2035

Based on analysis by stock experts, The share price range is set ₹200  as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹250

Year 1st Target Rs. 2nd Target Rs.
2035 ₹200 ₹250

Alok Industries Share Price Target 2040

Based on analysis by stock experts, The minimum target price for Alok Industries is set at ₹550, while the mid-year maximum target price is projected to be ₹600.

Year 1st Target Rs. 2nd Target Rs.
2040 ₹550 ₹600

Alok Industries Share Price Target 2045

Based on analysis by stock experts, The share price range is set at ₹1150 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹1350.

Year 1st Target Rs. 2nd Target Rs.
2045 ₹1150 ₹1350

Alok Industries Share Price Target 2050

Based on analysis by stock experts, The share price range is set at ₹2000 as the minimum, while after the year, the maximum target price for Alok Industries shares is expected to be ₹2100.

Year 1st Target Rs. 2nd Target Rs.
2050 ₹2000 ₹2100

Future Prediction of  Alok Industries Ltd 2023 to 2050

Years 1st Targets (₹) 2nd Targets (₹)
2024 25.50 ₹35.50
2025 ₹40 ₹53
2026 ₹60 ₹70
2027 ₹80 ₹90
2030 ₹110 ₹150
2035 ₹200 ₹250
2040 ₹550 ₹600
2045 ₹1150 ₹1350
2050 ₹2000 ₹2100

About Alok Industries

Alok Industries Ltd is an Indian textile manufacturing company located in Mumbai. It is under the ownership of Reliance Industries.

  • Founded: 1986
  • Headquarters: Mumbai, Maharashtra
  • Number of employees: 22,699 (as of 2023)
  • Parent organization: Reliance Industries Limited
  • Revenue: ₹7,150.91 crores INR (US$900 million, 2022)

Alok Industries Limited – Fundamental Analysis

Metric Value
Market Cap ₹ 12,810.32 Cr.
Enterprise Value ₹ 35,454.27 Cr.
No. of Shares 496.52 Cr.
P/E 0
P/B 0
Face Value ₹ 1
Div. Yield 0%
Book Value (TTM) ₹ -35.67
Cash ₹ 40.06 Cr.
Debt ₹ 22,684.01 Cr.
Promoter Holding 75%
EPS (TTM) ₹ -1.88
Sales Growth -5.63%
ROE 0%
ROCE -6.51%
Profit Growth -375.02%

Alok Industries Limited Share: Last 5 Years’ Financial Condition

To enhance our comprehension of the market performance, let’s examine the historical outlook of this share in previous years. Nevertheless, investors should exercise caution by considering the associated risks and prevailing market conditions before making any investment decisions.

Last 5 Years’ Sales:

PARTICULARS March 2019 March 2020 March 2021 March 2022 March 2023
Net Sales 3,128.77 3,140.28 3,735.31 7,150.91 6,748.32

 

Last 5 Years’ Net Profit:

Year 2019 2020 2021 2022 2023
Net Profit 2,282.13 1,223.19 -5,854.99 -184.18 -874.89

 

Alok Industries’s Last 5 Years’ Profit Growth Ratios

Profit Growth:

Alok Industries's Last 5 Years’ Profit Growth Ratios
Source: Finology Ticker
  • 1-Year: -375.02%
  • 3-Year: -189.43%
  • 5-Year:  14.31%

Alok Industries Last 5 years’ Return on Equity (ROE)

  • 1-Year: 0%
  • 3-Year: 0%
  • 5-Year: 0%

Alok Industries Limited Share peer’s company

  • Page Industries
  • Vedant Fashions
  • K.P.R. Mill
  • Vardhman Textiles
  • Welspun Living

Future of Alok Industries Share Price 

Alok Industries Ltd. stands as a prominent integrated textile company in India, specializing in the manufacturing of diverse textile products, including denim, home textiles, yarn, and apparel fabrics. For long-term investors keen on identifying potential investment opportunities, a thorough analysis of Alok Industries Ltd.’s share price is crucial. This analysis allows investors to discern trends, benchmark performance against industry counterparts, and assess growth prospects. Our website provides pre-built screening tools that enable investors to conduct a more effective analysis of Alok Industries Ltd.’s share price trends, offering valuable insights into potential investment opportunities. The movement of a stock’s share price is influenced by factors such as market sentiment, financial performance, and broader economic conditions.

Risk of Alok Industries Share

The company has demonstrated a negative profit growth of -189.43% over the last three years. Additionally, it has reported a stagnant Return on Equity (ROE) at 0% and an unfavorable Return on Capital Employed (ROCE) of -11.79% during the same period. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin has been consistently low at -4.22% over the past five years. Furthermore, the company’s book value is in the negative.

Alok Industries Share Price Summary

Alok Industries 52 Week Low and 52 Week High, Alok Industries’s all-time high of 53 rs.

Metric Value
Open 21.65
High 25.80
Low 21.00
Market Cap 12.81 TCr
P/E ratio
Dividend Yield
52-week High 25.80
52-week Low 10.10

Shareholding Pattern Of Alok Industries share

Shareholding Pattern Of Alok Industries share
Source: Finology Ticker
Summary  2024
Promoter 75%
FII 2.11%
DII 0.39%
Public 22.5%

 

Should You Invest In Alok Industries Ltd Shares?

The company has demonstrated robust revenue growth of 29.05% over the past three years. Additionally, it maintains an efficient Cash Conversion Cycle, with a negative duration of -26.76 days. The company boasts a substantial promoter holding of 75%. Furthermore, it exhibits a significant degree of Operating Leverage, with an average Operating Leverage standing at 7.43.

Conclusion

This article serves as a comprehensive guide to the Alok Industries Share Price target.

The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail.

Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.

Disclaimer:

Dear readers, please be advised that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is solely for informational and educational purposes and should not be construed as financial advice or stock recommendations. Additionally, share price predictions are intended for reference purposes only and are valid only under positive market conditions.

This study does not consider any uncertainties regarding the company’s future or the current market conditions. While this information is for informational purposes, we disclaim any responsibility for potential financial losses incurred based on the information provided on this site. We aim to offer timely updates about the stock market and financial products to assist you in making informed investment decisions. It is crucial to conduct your research before making any investment decisions.

FAQs

  • What is Alok Industries Share Price Target 2024?

    Alok Industries Share Price Target 2024 between 25.50 to 35.50.

  • What is Alok Industries Share Price Target 2025?

    Alok Industries Share Price Target 2024 between 40 to 53.

  • What is Alok Industries Share Price Target 2026?

    Alok Industries Share Price Target 2024 between ₹60 to 70.

  • What is Alok Industries Share Price Target 2027?

    Alok Industries Share Price Target 2024 between ₹80 to 90.

  • What is Alok Industries’ Share Price Target 2030?

    Alok Industries Share Price Target 2024 between ₹110 to 150.

  • What is Alok Industries Share Price Target 2035?

    Alok Industries Share Price Target 2024 between ₹200 to 250.

  • What is Alok Industries Share Price Target 2040?

    Alok Industries Share Price Target 2024 between ₹550 to 600.

  • What is Alok Industries Share Price Target 2045?

    Alok Industries Share Price Target 2024 between ₹1150 to 1350.

  • What is Alok Industries Share Price Target 2050?

    Alok Industries Share Price Target 2024 between ₹2000 to 2100.

  • is Alok Industries a good buy for the long term?

    The Alok Industries’s fundamentals are not strong, This share is not a good buy for the long term.

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