Online
|
|
shall i buy alok plz advise
:
SHANTANU LIMAYEwhy do you think alok will cross 100 ?...
shall i buy alok plz advise
: SHANTANU LIMAYEwhy do you think alok will go to 80-100 ?...
shall i buy alok plz advise
: gracehotyi want to purchase alok with hope fora target 80-100+ i am watching from two days accumulation with volume.is that i am right plz reply with reason....guyss........
Expect exports to grow over 60% this year: Alok Industries
:
MMB MessengerIn an interview with CNBC-TV18, Sunil Khandelwal, CFO, Alok Industries, spoke about the latest happenings in his company and sector....
Dear friends,
I am in Alok since past one year and sitting in pain as I bought at 24+.
Now I see an odd friend giving a high target.
I frankly wish to exit this counter and move elsewhere, but after getting even.
Any one having any idea when it may reach 26/- so that I may exit w/o losses.
Regards...
Strong Buy Ashtavinayak Cine - Buy and ready for Dabang upper circuit....
: GuestWhy the HELL Are you posting it here....
Excellent Buy.... Fundamentally Sound
:
analyse_this
Alok Industries is one of the most stable companies. It has growing exports and profits. They have already ventured into retailing (H&A) and have plans for further expansion on developing a sound infra for their mfg. With such a plan in place Alok will be a part of the entire value chain making good profits QoQ and YoY. To top it up the Government support for exports in the garment / textile industry (almost 80% rev. from exports).
The reason why this has not come up till now is the debt issues. However they have a huge land bank and property business which they now plan to sell off to pay of their debts. Paying off the debts is peanuts for Alok. This will also reassure their focus and commitment on their primary business - boosting investor confidence.
Once that is done the stock would sky rocket to 50-100 in no time. One major announcement about their aggressive future plans has already made it to the news.
This can be your next money maker !...
astv...
Posted via mobile
: jasisinghBuy it...
Posted via mobile
: jasisinghBuy it...
some activity .. Good sign.. 25 is a realistic target
: ritamkumarguptapretty undervalued for some time now, positive triggers are any land asset liquidation and repayment of loans.. tall claims by management have to be funded somehow.. any such new will get the share to it`s fair value..35 may be.....
Alok Industries investing Rs 900 cr in capacity addition
: Web Messenger
Our Bureau Mumbai, Sept. 3 Textiles company Alok Industries will be investing Rs 900 crore over the next two years to increase capacity across its product portfolio. The amount would be spread equall...
Source:The Hindu BusinessLine...
Posted via mobile
: jasisinghGood news . . Buy it tgt 25...
Economic Times dated 3rd Sept 2010 - News item on Alok
: NelliK
MUMBAI: Textiles firm Alok Industries seeks to double its revenue to around $3 billion over the next three years, primarily on growing exports and a resurgence in domestic demand, a top official said on Friday. The firm sees exports touching 25 billion rupees by the end of the currrent financial year against 15 billion rupees last year, Managing Director Dilip Jiwrajka told reporters on sidelines of an industry conference organised by consultantcy Technopak Advisors.
The company would open 80 retail stores in UK in FY11, taking its total tally to 300, Jiwrajka said. "Our export orderbook is looking really good," Chief Financial Officer Sunil Khandelwal said. "We are exporting a larger number of products. We are now also exporting polyester yarn in a big way," Khandelwal added. The firm plans to double its polyester yarn capacity to 400,000 tonnes by December. It is also adding 50,000 spindles to its existing 300,000, he said.
Alok Industries has earmarked a capital expenditure of 4.5-5 billion rupees for FY12 and FY13 each to ramp up capacity across products, including terry towels, bedsheets, technical textiles and polyester. The company is going through a 7 billion rupees expansion programme in the current fiscal. There was "enormous scope" in the Indian textile industry, which was growing at an average of 15 percent per annum, he said. "We are driving on a highway, and on highway we can only drive in the fifth gear."
The company`s current gross debt is at 86 billion rupees, which it seeks to pare through increased internal accruals and fund-raising by selling off its real estate properties....
Alok Industries to double polyester yarn capacity - CFO
: vikas.kohli1234
Alok Industries to double polyester yarn capacity - CFO
MUMBAI, Sept 3 (Reuters) - Textiles firm Alok Industries will double its polyester yarn capacity to 400,000 tonnes by December, a top official said on Friday....
