Monday 19 November 2012

Share Trading Tips for Alok Industries

Alok Industries is currently trading at Rs. 11.45, up by 0.01 points or 0.09 % from its previous closing of Rs. 11.44 on the BSE.

The scrip opened at Rs. 11.50 and has touched a high and low of Rs. 11.61 and Rs. 11.35 respectively. So far 176376 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.90 on 13-Feb-2012 and a 52 week low of Rs. 10.77 on 13-Sep-2012.

Last one week high and low of the scrip stood at Rs. 12.12 and Rs. 11.35 respectively. The current market cap of the company is Rs. 941.95 crore.

The promoters holding in the company stood at 34.16% while Institutions and Non-Institutions held 22.42% and 43.43% respectively.

The company has received the said rating on the back of extensive experience of the promoters and management in the textile business, integrated operations along with the economies of scale and one of the leading players in the textile industry.

Alok Industries has evolved from a small trading business into India’s largest integrated textiles player. It is present across the textile value chain - from yarn manufacturing to garmenting. Alok’s production facilities are in Silvassa, Vapi and Navi Mumbai. [Via]

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