Analyzing the Alok Industries share price BSE today. Alok Industries, a prominent player in the Indian market, holds significance for investors and stakeholders alike. In this article, we will delve into the intricacies of Alok Industries, decipher the dynamics of share prices on the Bombay Stock Exchange (BSE), and equip you with the tools to navigate the volatile world of stock trading.
Understanding Alok Industries Share Price BSE
Alok Industries share price BSE stands as a stalwart in the Indian textile industry, renowned for its diverse product offerings ranging from yarns to garments. Founded in 1986, the company has established itself as a leader in the market, catering to both domestic and international clientele. Its expansive portfolio and robust infrastructure make it a key player in the textile landscape.
Alok Industries Ltd:
| Attribute | Value |
| Website | http://www.alokind.com |
| BSE | 521070 |
| NSE | ALOKINDS |
| Current Price | ₹ 28.75 |
| Open | ₹ 27.41 |
| High | ₹ 28.75 |
| Prev Close | ₹ 27.39 |
| Quantity Traded | 14,40,310 |
| Market Cap | ₹ 14,275.07 Cr. |
| P/E Ratio | N/A |
| 52 High | ₹ 39.24 |
| 52 Low | ₹ 11.5 |
| Dividend Yield | 0.00 % |
| EBITDA Margin | N/A % |
| ROE | N/A % |
| Book Value | ₹ -36.11 |
| Face Value | ₹ 1 |
| Result-O-Meter | Dec-2023 |
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Share Market Basics
The Bombay Stock Exchange (BSE) serves as the cornerstone of the Indian stock market, providing a platform for trading securities. With a rich history dating back to 1875, BSE facilitates the buying and selling of stocks, bonds, and other financial instruments. It operates on the principles of supply and demand, where share prices fluctuate based on market dynamics and investor sentiment.
Shareholding:
| Shareholding | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 |
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Mutual Funds / UTI | 0.43% | 0.35% | 0.32% | 0.35% | 0.37% |
| FII / Banks | 2.02% | 2.07% | 2.16% | 2.15% | 2.24% |
| Others | 22.55% | 22.58% | 22.52% | 22.50% | 22.39% |
Alok Industries Share Price BSE Today: Analysis
As of today, the Alok Industries share price BSE reflects the current valuation of the company in the stock market. This price is influenced by a myriad of factors including industry trends, company performance, and market sentiments. By analysing historical data and monitoring real-time fluctuations, investors gain insights into the financial health and trajectory of Alok Industries share price BSE.
Factors Influencing Alok Industries Share Price BSE
- Industry Trends and Market Conditions: The textile industry is subject to fluctuations influenced by consumer demand, raw material prices, and global economic conditions.
- Company Financial Performance: Quarterly earnings reports, revenue growth, and profitability metrics play a pivotal role in determining investor confidence and share price movement.
- Regulatory Changes and Government Policies: Shifts in regulatory frameworks or government policies can impact the operating environment for Alok Industries, thus affecting its share price.
- Competitor Analysis: Comparative analysis with peers in the industry provides insights into Alok Industries’ market positioning and competitive advantage.
Annual Results:
| Annual Results (All figures In Rs. Cr.) | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Sales | 3,128.77 | 3,140.28 | 3,735.31 | 7,150.91 | 6,748.32 |
| Other Income | 124.56 | 85.19 | 21.66 | 40.33 | 37.51 |
| Operating Profit | -72.56 | -221.4 | -432.63 | 611.61 | -30.93 |
| Interest | 4,158.24 | 79.24 | 472.72 | 462.79 | 487.66 |
| Depreciation | 533.17 | 529.45 | 285.43 | 333.00 | 356.3 |
| Taxation | -0.91 | -0.73 | 1,423.11 | 0 | 0 |
| Net Profit / Loss | 2,282.13 | 1,223.19 | -5,854.99 | -184.18 | -874.89 |
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Tips for Analyzing Alok Industries Share Price BSE
Technical Analysis Tools and Indicators
- Moving averages
- Relative strength index (RSI)
- Bollinger Bands
Fundamental Analysis Metrics
- Price-to-earnings ratio (P/E)
- Earnings per share (EPS)
- Debt-to-equity ratio
Expert Insights
Seek guidance from financial experts, analysts, and market pundits to gain valuable perspectives on Alok Industries’ share price trajectory.
Quarterly Results:
| Quarterly Results (All figures In Rs. Cr.) | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
| Sales | 1,965.37 | 1,915.76 | 1,667.95 | 1,654.32 | 1,510.29 | 1,361.86 | 1,325.83 | 1,217.20 |
| Other Income | 17.19 | 19.67 | 10.89 | 2.84 | 2.76 | 4.04 | 9.45 | 0.34 |
| Operating Profit | 170.56 | 60.77 | 14.07 | -35.56 | -70.21 | 17.09 | 44.73 | 2.18 |
| Interest | 115.95 | 114.01 | 116.39 | 117.36 | 139.90 | 150.34 | 138.57 | 140.38 |
| Depreciation | 83.88 | 89.21 | 88.73 | 88.51 | 89.85 | 87.55 | 76.69 | 77.30 |
| Taxation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit / Loss | -29.27 | -142.45 | -191.05 | -241.43 | -299.96 | -220.80 | -170.53 | -215.50 |
Common FAQs About Alok Industries Share Price BSE on Today
- How often does Alok Industries share price change?
- Share prices can fluctuate throughout the trading day based on market activity and investor sentiment.
- What are the trading hours on BSE?
- BSE operates from Monday to Friday, with trading hours typically between 9:15 AM to 3:30 PM IST.
- Is it advisable to invest in Alok Industries shares?
- Investment decisions should be based on thorough research and analysis of Alok Industries’ financial performance and market prospects.
- How can I mitigate risks associated with investing in Alok Industries?
- Diversifying your investment portfolio, conducting due diligence, and staying informed about market trends can help mitigate risks.
Conclusion
Alok Industries share price BSE today requires a multifaceted approach. By leveraging industry knowledge, market insights, and analytical tools, investors can make informed decisions and navigate the ever-changing landscape of the stock market. Stay tuned to real-time updates and expert opinions to capitalise on investment opportunities and achieve your financial goals.