Alok Industries Share Price Target 2024, 2025, to 2030

Alok Industries is a renowned Indian textile company. Alok Industries Limited is listed on both NSE and BSE stock exchanges. In this article today we will discuss about Alok Industries share price target. The forecast for Alok Industries’ price will rely on historical data and fundamental analysis. As of August 30, 2024, Alok Industries Limited is valued at ₹27.30 in the current market. Alok Industries Limited was officially listed on the National Stock Exchange and Bombay Stock Exchange on the date of February 20, 2020.

The stock of Alok Industries Limited has shown strong performance in recent years. In recent years, we have observed a positive trend in Alok Industries. Alok Industries has given returns of 67.85% in the previous 5 years. and in the last 1 year, the company has given returns of 33.04%. Alok Industries Limited stock price increased from ₹15.25 to ₹26.94 in the previous 5 years. The 52-week High of Alok Industries Limited Stock is ₹39.05 and the 52-week Low is ₹16.10 as of 03 Sep 2024.

Alok Industries Overview

Alok Industries is a widely recognized name in the textile sector. It offers textile solutions including Home Textiles, Cotton Yarn, Apparel Fabric, Garments, Technical Textiles, and Textile Accessories. Alok Industries was established in 1986. A large portion of Alok Industries’ revenue is generated through Exports. Many major companies such as Levi’s, Walmart, Zara, Calvin Klein, H&M, and Tommy Hilfiger are customers in the United States. Surendra Jiwrajka is the founder of Alok Industries.

Alok Industries Share Price Target 2024

Month	Target Price (₹)
August 2024	₹28.30
September 2024	₹29.23
October 2024	₹30.20
November 2024	₹30.78
December 2024	₹31.00

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Alok Industries Share Price Target 2025

Month	Target Price (₹)
January 2025	₹32
February 2025	₹34
March 2025	₹33
April 2025	₹36
May 2025	₹37
June 2025	₹38
July 2025	₹35
August 2025	₹39
September 2025	₹40
October 2025	₹41
November 2025	₹39
December 2025	₹40

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Alok Industries Share Price Target 2026

Month	Target Price (₹)
January 2026	₹41
February 2026	₹43
March 2026	₹42
April 2026	₹45
May 2026	₹44
June 2026	₹46
July 2026	₹47
August 2026	₹48
September 2026	₹45
October 2026	₹49
November 2026	₹50
December 2026	₹49

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Alok Industries Share Price Target 2027

Month	Target Price (₹)
January 2027	₹50
February 2027	₹52
March 2027	₹54
April 2027	₹51
May 2027	₹53
June 2027	₹55
July 2027	₹52
August 2027	₹56
September 2027	₹54
October 2027	₹58
November 2027	₹59
December 2027	₹61

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Alok Industries Share Price Target 2028

Month	Target Price (₹)
January 2028	₹62
February 2028	₹60
March 2028	₹63
April 2028	₹61
May 2028	₹65
June 2028	₹64
July 2028	₹66
August 2028	₹67
September 2028	₹65
October 2028	₹68
November 2028	₹69
December 2028	₹67

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Alok Industries Share Price Target 2029

Month	Target Price (₹)
January 2029	₹70
February 2029	₹72
March 2029	₹74
April 2029	₹73
May 2029	₹75
June 2029	₹76
July 2029	₹78
August 2029	₹79
September 2029	₹81
October 2029	₹82
November 2029	₹84
December 2029	₹85

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Alok Industries Share Price Target 2030

Month	Target Price (₹)
January 2030	₹87
February 2030	₹88
March 2030	₹89
April 2030	₹91
May 2030	₹90
June 2030	₹93
July 2030	₹95
August 2030	₹97
September 2030	₹99
October 2030	₹100
November 2030	₹98
December 2030	₹101

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Detailed Analysis of Alok Industries Share Price Forecast (2024 to 2030)

Alok Industries Stock Price Forecast 2024

Price is expected to range from ₹28.30 to ₹31.00. Alok Industries should see gradual improvement due to recovery in the textile sector and Reliance Industries’ management.

Alok Industries Stock Price Forecast 2025

It is forecasted between ₹32 and ₹40. Growth is likely from strong export partnerships and better cost management under Reliance.

Alok Industries Stock Price Forecast 2026

Prices could fluctuate between ₹41 and ₹50. Improved financial restructuring and efficient operations are expected to support stock stability.

Alok Industries Stock Price Forecast 2027

Projected to rise between ₹50 and ₹61. Expanding exports and strategic global partnerships could drive this increase.

Alok Industries Stock Price Forecast 2028

The target range is ₹60 to ₹69. Focusing on sustainable and innovative textiles may enhance the market position.

Alok Industries Stock Price Forecast 2029

Expect prices between ₹70 and ₹85. Continued revenue growth and strong market presence could push the stock higher.

Alok Industries Stock Price Forecast 2030

The price could reach ₹87 to ₹101. Long-term growth strategies and potential innovations might further boost the stock, though economic conditions could cause some volatility.

Financials and Fundamentals

Financials (2024)	Value
Revenue	₹5,523 Cr
Expenses	₹6,382 Cr
EBITA	₹70.95 Cr
Profit Before Tax	₹849.74 Cr
Net Profit	₹846.82 Cr
Market Cap	₹13,337 Cr
P/E Ratio	-16.08
Debt to Equity	-1.32
ROE	4.28%
Book Value	-₹39.83

ALOK Industries Shareholding Pattern

Shareholder	Shareholding (%)
Promoters	75.00%
Retail Investors	22.15%
Foreign Institutions (FII)	2.46%
Domestic Institutions (DII)	0.32%
Mutual Funds	0.06%

Key Factors to Consider Before Investing In ALOK Industries

Alok Industries is showing signs of bouncing back, particularly with Reliance Industries now steering the ship. That said, the company still faces significant challenges, like managing its high debt and working its way out of losses. As an investor, it’s crucial to weigh these risks carefully. Keep an eye on how they handle their debt restructuring plans, as that will play a big role in their recovery. Another factor to watch is the global demand for textiles, which will be key in determining the company’s performance in the near future.

Conclusion

Alok Industries has a promising outlook, and there’s potential for steady growth if all the pieces fall into place. However, their financial struggles and dependence on broader market conditions mean it’s not a stock to jump into without careful thought. Any price projections are purely speculative, and if you’re considering investing, it’s always smart to speak with a financial advisor for personalized advice.

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