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
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
| 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 |
| 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:
- 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
| 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
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What is Alok Industries Share Price Target 2024?
Alok Industries Share Price Target 2024 between ₹25.50 to ₹35.50.
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What is Alok Industries Share Price Target 2025?
Alok Industries Share Price Target 2024 between ₹40 to ₹53.
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What is Alok Industries Share Price Target 2026?
Alok Industries Share Price Target 2024 between ₹60 to ₹70.
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What is Alok Industries Share Price Target 2027?
Alok Industries Share Price Target 2024 between ₹80 to ₹90.
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What is Alok Industries’ Share Price Target 2030?
Alok Industries Share Price Target 2024 between ₹110 to ₹150.
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What is Alok Industries Share Price Target 2035?
Alok Industries Share Price Target 2024 between ₹200 to ₹250.
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What is Alok Industries Share Price Target 2040?
Alok Industries Share Price Target 2024 between ₹550 to ₹600.
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What is Alok Industries Share Price Target 2045?
Alok Industries Share Price Target 2024 between ₹1150 to ₹1350.
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What is Alok Industries Share Price Target 2050?
Alok Industries Share Price Target 2024 between ₹2000 to ₹2100.
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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.