Alok Industries is a textile company engaged in the Cotton and Polyester segments. It was founded in 1986 by the Chaturvedi family and is the largest integrated textile manufacturer in the country. The company mainly deals in spinning, weaving, knitting, processing and others.
The company is listed on both NSE and BSE in India and has good past records. It has given huge returns to its investors over the years. Now, it shows a downward trend and the share price is Rs.13.10 per share.
Alok Industries reported its Q123 results with total revenue of Rs 1562 crore which is lower than the previous year. And its net profit and net profit margin are also negative.
But, it has strong growth potential in future as top company Reliance Industries has acquired it. The market capitalization of Alok Industries is Rs 6,504 crore and the traded volume is 7,424,343.
The share price is at a 52-week low of 10.10 and a high of 23.85. Experts say that the maximum share price target for Alok Industries is Rs 75 to Rs 95 and Rs 185 to Rs 225 in 2025 and 2030, respectively.
Overview of Alok Industries
The company has a wide range of textile segments including cotton yarn, synthetic yarn, denim, knitted fabric, home textile etc. It also caters to the needs of both domestic and international textile industries. Over the years, Alok Industries has established a strong manufacturing presence and is located in various parts of India including Gujarat and Silvassa.
Alok Industries has faced several challenges including financial restructuring and debt resolution. Subsequently, the company has undertaken a significant debt restructuring process and strengthened its financial position by reducing its debt burden.
Fundamental of Alok Industries
The company has entered international markets and has established a global presence. Additionally, the company is investing in developing innovative and sustainable textile solutions for eco-friendly and value-added products. In recent years, it has shown steady revenue growth and improved profitability. So, as an investor, it can be a good option for the short term.
| Company Name | Alok Industries Limited |
| Industy | Textile industry |
| Country | India |
| Primary Exchange | NSE/BSE |
| Founded | 1986 |
| Traded Volume | 7,424,343 |
| Market Cap | 6,653 |
| Revenue (Q123) | ₹ 1,562 Cr |
| Net Profit | — |
| Net Profit Margin | — |
| EPS (TTM) | — |
| Dividend Yield | — |
| R/E Ratio | — |
| ROE | — |
| 52 Week Low | 10.10 |
| 52 Week High | 23.85 |
| Debt to Equity | — |
| Buy/Sell/Hold | Buy |
| Face Value | 1 |
| Official Website | https://www.alokind.com |
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Alok Industries share price target 2024, 2025, 2026 to 2030
Alok Industries is well-positioned for its diversified product portfolio, operational efficiencies and strong distribution network. Furthermore, the textile industry is growing due to government policies and increasing consumer demand. Hence, we can expect its revenue growth and profit in the coming years.
The top market expert says that Alok Industries’ share price will have an upside move and the maximum target price for the years 2025 and 2028 can be Rs 95 and Rs 135 respectively.
- By 2024: Rs 30.40 to Rs 50.15 per share
- By 2025: Rs 60.20 to Rs 72.20 per share
- By 2026: Rs 70.10 to Rs 90.30 per share
- By 2028: Rs 115.60 to Rs 145.30 per share
- By 2030: Rs 185.30 to Rs 225.50 per share
2024
The maximum share price target for Alok Industries is Rs 30.40 to Rs 50.15 per share in 2024. As the company has a focus on sustainable textile solutions for customer preference. These initiatives will lead to revenue growth and a strong position in the market.
- Year: 2024
- Target-I: Rs 30.40
- Target-II: Rs 50.15
2025
Alok Industries is actively working on a strategy to diversify its product portfolio. The company has entered new markets both domestically and internationally. In such a situation, there may be a jump in its share price. Therefore, according to our technical research, an upper target price for Alok Industries shares is Rs 60.20 to Rs 75.20 during 2025.
- Year: 2025
- Target-I: Rs 60.20
- Target-II: Rs 75.20
2026
Alok Industries is focused to maintain its position as a reliable supplier in the Indian textile industry.
In such a situation, its share price is expected to increase in the near future. So, as per our technical analysis, the maximum share price target for Alok Industries is Rs 70.10 to Rs 90.30 by 2026.
- Year: 2026
- Target-I: Rs 70.10
- Target-II: Rs 90.30
2028
It has a good track record and strong growth potential, many investors are keen to understand the potential share price targets for Alok Industries in 2028. So, here is a target price of Rs 115.60 to Rs 145.30 for Alok Industries shares for the year 2028.
- Year: 2028
- Target-I: Rs 115.60
- Target-II: Rs 145.30
2030
As per our forecast system, an upper share price target for Alok Industries in the mid of 2030 is Rs 185.30 to Rs 225.50.
- Year: 2030
- Target-I: Rs 185.30
- Target-II: Rs 225.50
The company has been awarded prestigious certifications including ISO, Oeko-Tex and GRS (Global Recycling Standard), attesting to its commitment to quality and sustainability.
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FAQs
The target price of Alok Industries shares is Rs 60.20 to Rs 75.20 in 2025.
The estimated price target of Alok Industries shares in 2030 is Rs 185.30 to Rs 225.50.
The share price target for Alok Industries shares in 2028 is Rs 115.60 to Rs 145.30.
Conclusion
The exact share price target for Alok Industries going forward is challenging. So, it is based on technicalities like industry trends, historical performance, market expansion, infrastructure development, economic factors and others. As with any investment, you should do your own research, consider risk factors and seek professional advice before making any investment decision.
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Disclaimer: The share price targets for Alok Industries are for general information only. We are not SEBI-registered financial advisors and no part of the website content should be construed as financial advice. Trading is an uncertain business, please consult your financial advisor before investing.
