Alok Industries Share Price Target 2024, 2025, 2030, 2040, 2050

Over the last four years, people who own shares in Alok Industries have gained 190% on their investment. The market is feeling positive about the company’s strong performance and improving basics.

The share graph shows some ups and downs since the IPO launched in the stock market. We will discuss its deep details in this article.

What is Alok Industries Ltd NSE: ALOKINDS?

Alok Industries Limited is a company based in India that makes textiles. They do everything from making the fabric to packing it up for sale. The company focuses on two main types of fabric: cotton and polyester. They have four main parts to their business: spinning (turning fibers into yarn), polyester, home textiles, and apparel and fabric.

Alok Industries sells its products to many different customers around the world, including big retail brands, importers, and companies that make clothes. They make textile products like clothing, yarn, accessories and home textiles. Alok Industries also has some other companies under it, like Alok Infrastructure Limited, Alok Worldwide Limited, and Alok Singapore Pte Limited.

Alok Industries share price Target 2024

In January 2024, it gives a very positive return to the investors. This upward trend aligns with the company’s positive financial performance reflected in its Q2 results. Most of the Indian stocks like ALOKINDS have experienced an impressive Bull run in 2023. In the first quarter of 2024, the bullish sentiment of the market will likely stay the same with some consolidation in the beginning few months.

Year	Minimum Price	Maximum Price
2024	20	48

Alok Industries share price Target 2025

When we check out the textile industry, Alok Industries has top-notch infrastructure for creating new products. the management has been launching lots of great new products for new markets, aiming to keep its top spot in the cotton and polyester product segment of the textile industry. This strategy is gradually boosting growth and will be beneficial for upcoming years.

Year	Minimum Price	Maximum Price
2025	55	70

Alok Industries Share Price Target 2030

In the future, Alok Industries plans to invest heavily to grow its business. They’ll expand their stores to new places and enter new markets. In the second quarter of FY 2024, they made net sales of ₹1,359.02 crore. These factors could really boost Alok Industries’ shares by 2030.

Year	Minimum Price	Maximum Price
2030	140	180

Alok Industries Share Price Target 2040

Much modification has been done in this company after the lower trend started in 2023. cotton yarn, apparel fabric, home textiles, garments and polyester yarn, are the main products which this industry is known for and a wide variety of clothes are made for the customer so the demand for the product will not go down easily. Also if we follow the chart then we can see that the price has increased in January 2024. So for the long term, you can make a plan to invest in this stock.

Year	Minimum Price	Maximum Price
2040	240	300

Alok Industries Share Price Target 2050

The Indian textile industry is one of the largest in the world, with a massive raw material and textile manufacturing base. If we look at the previous data then the industry made a huge loss but the good thing for the investors is that they reduced the loss from the previous year by 23%. So It is good news for the investors to buy at a cheap price for better profits.

Year	Minimum Price	Maximum Price
2050	390	505

Should I Buy Alok Industries Stock?

Alok industries need to improve revenue as well as income because already they are at a loss. The yearly result shows that the company was at very loss. The profit can be seen in the starting month of the launching of its IPO, but it got very low when the pandemic came. But in 2023, we can see that the price is going in an upward direction because the company has reduced its loss by up to 23% and soon it will be expected to increase.

So finally if you plan to invest then it is a good time but also if we look past the company then it is not good so you should not invest much money or you can do it by a proper stop loss.

Alok Industries Ltd Earning Results

Annual Trends

(in Cr.)		2023	2022	2021	2020	2019
Income Statement
Revenue		6,748.32	7,150.91	3,735.32	3,166.34	3,128.76
Other Income		37.51	40.33	21.66	85.19	124.32
Total Income		6,785.83	7,191.24	3,756.98	3,251.53	3,253.08
Expenditure		-7,304.42	-7,042.42	-7,903.43	-1,499.62	-438.69
Interest		-487.66	-462.79	-472.72	-98.57	-4,158.00
PBDT		-518.59	148.82	-4,146.45	1,751.91	2,814.39
Depreciation		-356.30	-333.00	-285.43	-529.45	-533.17
PBT		-874.89	-184.18	-4,431.88	1,222.46	2,281.22
Tax		—	—	-1,423.11	0.73	0.91
Net Profit		-874.89	-184.18	-5,854.99	1,223.19	2,282.13
Equity		496.53	496.53	496.53	221.08	1,368.64
EPS		-1.76	-0.37	-15.68	8.45	16.67
CEPS		-1.04	0.30	—	—	20.57
OPM %		-0.46	8.55	-98.35	58.44	222.85
NPM %		-12.96	-2.58	-156.75	38.63	72.94

Expert Forecasts On The Future of Alok Industries Ltd.

The stock market says Alok Industries’ stocks are going up because Reliance Industries is putting money into it in a special way. Alok Industries told Indian stock markets in January 2024 that Reliance is investing ₹3,300 crore in their company. The expert predicted that it can touch the level of 40 Rs so you can invest here because the stock is improving its price over time.

Is Alok Industries Stock Good to Buy? (Bull Case & Bear Case)

Bull Case:

• Big companies like Reliance are putting money into Alok Industries, showing they believe in its future. This can make other investors interested and raise the stock price.
• Getting Better: Alok Industries has been working hard to improve itself.
• Popular Stuff: Alok Industries makes things like clothes, which lots of people buy. And the demand will be expected to increase as the changes have done in the company.

Bear Case:

• Past Problems: Alok Industries has had money troubles before, like going bankrupt. This could mean there are long-term issues that might not be fixed easily, making the stock risky.
• Tough Times: If the economy isn’t doing well, it could hurt Alok Industries’ business and make its stock prices drop.
• Lots of Competition: Alok Industries has to compete with many other companies making similar things. If it can’t stand out or make enough profit, its stock might not do well.

Conclusion

Thinking about buying Alok Industries’ shares means looking at both the good and the bad. It’s good because big companies like Reliance are investing in it, and Alok is trying to get better. But there are problems like its past money troubles, uncertain economy, and lots of competition. Before deciding, think about what you want from your investment and talk to experts for advice as we have shared the data from its past performance.

FAQs

What is the market capitalization of Alok Industries?
The market capitalization of Alok Industries is 13824.23 Cr

Is Alok Industries profitable?
Alok Industries reported a net profit of -870.46 Cr in 2023.

What is the promoter shareholding in Alok Industries?
The promoter holding was 74.00% at the end of 2023.