Authored by : Rishabh Raj Updated Jun 18, 2024 | 04:27 PM IST Multibagger Penny Stock: The penny stock has delivered a massive 570 per cent returns in over five years.
(Image: Shutterstock/ET NOW News)Multibagger Penny Stock : A penny stock , backed by Asia's richest person Mukesh Ambani 's Reliance Industries has delivered multibagger returns in over five years.
The penny stock has delivered a massive 570 per cent returns, turning investors' money more than 6x in the said period.
Alok Industries Q4 Results 2024 Alok Industries' total income in Q4 2024 results stood at Rs 1,447.78 crore, down by -6.01% YoY against Rs 1,578.70 crore in Q4 FY23.
Alok Industries Company Profile Alok Industries is primarily engaged in the business of textile manufacturing, including mending and packing activities.
Authored by : Rishabh Raj Updated Jun 18, 2024 | 04:27 PM IST Multibagger Penny Stock: The penny stock has delivered a massive 570 per cent returns in over five years. (Image: Shutterstock/ET NOW News)
Multibagger Penny Stock : A penny stock , backed by Asia's richest person Mukesh Ambani 's Reliance Industries has delivered multibagger returns in over five years. The penny stock has delivered a massive 570 per cent returns, turning investors' money more than 6x in the said period.
The aforementioned company is a constituent of S&P BSE 500 and has a market cap of Rs 13,579.93 crore, as of June 18's closing. Reliance Industries holds 1,98,65,33,333 shares or a 40.01 per cent stake in it.
The company under discussion is Alok Industries .
Alok Industries Share Price Today Alok Industries shares on Tuesday, June 18, closed at Rs 27.38 apiece on NSE, 0.58 per cent lower against previous close. The scrip opened at Rs 27.55 apiece, reaching a high of Rs 28.39 and a low of Rs 27.34. About 1.07 crore shares changed hands on the counter.
Alok Industries Q4 Results 2024 Alok Industries' total income in Q4 2024 results stood at Rs 1,447.78 crore, down by -6.01% YoY against Rs 1,578.70 crore in Q4 FY23. Net profit of the Company witnessed at Rs 215.93 crore in Q4 FY24.
Alok Industries Company Profile Alok Industries is primarily engaged in the business of textile manufacturing, including mending and packing activities. The company has integrated business operations for both of its verticals: cotton and polyester. The company operates through four divisions: spinning, polyester, home textiles, and apparel and fabric.
It has a wide customer base across the world that includes global retail brands, importers, private labels, domestic retailers, garment and textile manufacturers and traders. Its product categories include accessories, apparel fabric, corrugated pallets, cotton and blended yarn, embroidery, garments woven and knitted, home textiles, and polyesters.
The company's subsidiaries include Alok Infrastructure Limited, Alok Worldwide Limited and Alok Singapore Pte Limited.
Alok Industries Share Price History Shares of Alok Industries, as per BSE Analytics, has appreciated by 26.91 per cent on an year-to-date (YTD) basis. Over one year, the Reliance Industries-owned stock delivered a return of 77.6 per cent.
Looking back further, the scrip yielded a massive return of over 570 per cent per Analytics.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
