Today, on 22nd April 2025, Alok Industries Share experienced a massive spike of almost 19% in its share prices since the opening bell. The company has recently announced its fourth-quarter update. The surge in stock price could be a reaction to that, indicating growing investor confidence.
Alok Industries Share Price in Today’s Market
Today, Alok Industries’ shares opened to the market at Rs. 17.37, slightly up from the last close of Rs. 16.47. At 11:10 a.m., Alok Industries share price was Rs. 19.13, nearly 16.15% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 9,508 cores; the UC Limit is 19.76, and the LC Limit is 13.17.
Q4 Financials
As reported on 21st April by the company, Alok Industries recorded a Net Loss of Rs. 74.47 crore, a substantial improvement from a loss of Rs. 215.93 crore in Q4 FY2024. Its Revenue from Operations stood at Rs. 952.96 crore, down 35.1% year-on-year from Rs. 1,469.31 crore. The company’s total expenses reduced by 28.91% YoY to Rs. 1,206.34 crore, and the cost of materials consumed was Rs. 477.99 crore, a 42.47% decrease YoY.
Recent News About Alok Industries
- The stock of Alok Industries saw a sharp drop during the previous 12 months, hitting a 52-week low of Rs. 13.90.
- This decline was ascribed to persistent financial difficulties, including underperformance compared to its sector, significant debt levels, and negative earnings for three consecutive quarters.
- From 30th April, Jinendra Jain will assume the position of COO at Alok Industries. Anil Kumar Mungad, who would take over as Head-Commercial, is replaced by him.
Alok Industries Share Price Target
According to various reports, Alok Industries has a share price target between ₹37 to ₹44 for 2025.
Should You Buy, Sell, Or Hold?
The technical indicators strongly recommend buying the shares. Before investing in Alok Industries, consider its long-term performance and consult your analyst to make the perfect move.
