BUY : 26 - 27
SL : 24.50 (Trail SL based on Price Movement)
TARGET 1 ---- 27.80 ( 7% from Entry )
TARGET 2 ---- 30 ( 15% from Entry )
TARGET 3 ---- 33.10 ( 25% from Entry )
TRADING VIEW CHART LINK
ABOUT COMPANY
Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products.
PROS
Company is expected to give good quarter
CONS
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -21.52% over past five years.
ANNUAL REPORT 2021
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