This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Alok Industries Ltd. share price target 2024 to 2030, and 2035 are shown below.
Overview
Alok Industries is a textile company in India, headquartered in Mumbai, Maharashtra. founded by Surendra Jiwrajka in 1986. The company’s core business areas are textiles, apparel fabric, polyester yarn, cotton yarn, garments, etc. It’s involved in the end-to-end process of weaving, knitting, processing, extracting, ready-made garments, etc. The company was acquired by Reliance Industries and JM Financial Asset Reconstruction Company in 2020.
Table of Contents
Alok Industries share price target 2024 to 2030 and 2035
Alok Industries Share Price Targets are: 2024 – 34 to 42, 2025 – 52 to 55, 2026 – 63 to 69, 2027 – 71 to 75, 2028 – 88 to 93, 2029 – 105 to 110, 2030 – 134 to 150 and price forecasted 199 to 230 by 2035.
| Year | First target | Second target |
| 2024 | 34 | 42 |
| 2025 | 52 | 55 |
| 2026 | 63 | 69 |
| 2027 | 71 | 75 |
| 2028 | 88 | 93 |
| 2029 | 105 | 110 |
| 2030 | 134 | 150 |
| 2035 | 199 | 230 |
Alok Industries share price target 2024
Alok Industries is listed on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The company’s closing share price as of September 18, 2024, is 25.70. It is not a fixed share price; fluctuation happens every second in the open market. Alok Industries was listed on February 19, 2020, at Rs. 16 and made a lifetime high of Rs. 58 on July 3, 2020, after which the stock got heavily corrected with some consolidation.
Alok Industries share price target 2024 is 34 as the first target and 42 as the second target.
| Month | First target | Second target |
| September | 29.60 | 32.33 |
| December | 38.66 | 41.99 |
Alok Industries share price target 2025
The company produces protective and workwear technical textiles such as wearing solutions for defense, infrastructure, manufacturing, heavy electrical and automobile sectors, oil and gas industries, etc. Alok Industries initial forecasted share value for the beginning of the year 2025 is 45. The semi-annual price forecast may rise to 52 in a positive market sentiment. The price at the end of the year is forecast at 55.
| Month | First target | Second target |
| January | 43 | 45 |
| May | 47 | 49 |
| September | 52 | 53 |
| December | 54 | 55 |
Alok Industries share price target 2026
Along with home textiles and industry-level textiles, the company is also involved in packaging material production, such as corrugated packaging, textile tubes, etc.
Alok Industries initial forecasted share value for the beginning of the year 2026 is 60. The semi-annual price forecast may rise to 63 in a positive market sentiment. The price at the end of the year is forecast at 69.
| Month | First target | Second target |
| January | 58 | 60 |
| May | 63.25 | 65.20 |
| September | 65.50 | 66.70 |
| December | 67 | 69 |
Alok Industries share price target 2027
As per Q4 results 2024 Net loss and expenses has decreased year over year, but expenses increased Quarter on Quarter, and revenue declined by -6% YoY and slightly increased by 18% as compared to last quarter December, 2023. we may assume the share price target to hit 70 at the beginning of the year 2027, 71 at the middle of the year, and 75 at the end of the year.
| Month | First target | Second target |
| January | 69.50 | 70 |
| May | 71 | 72 |
| September | 72.50 | 73.60 |
| December | 74.20 | 75 |
Alok Industries share price target 2028
Alok Industries share price target for 2028 is 81 at the start of the financial year. The price was forecast at 88 in the middle of the year with some price consolidation for some months, and the projected share price is 93 at the end of the year.
| Month | First target | Second target |
| January | 77 | 80.50 |
| May | 82.65 | 85 |
| September | 87 | 88 |
| December | 90 | 93 |
Alok Industries share price target 2029
Alok Industries share price in 2029 is expected to reach 100 to 111, with some consolidation zones. The initial forecasted share value for the beginning of the year is 97. The semi-annual price forecast may rise to 105 in a positive market sentiment. The price at the end of 2029 is forecast at 110.
| Month | First target | Second target |
| January | 95 | 97 |
| May | 99 | 100 |
| September | 103 | 105 |
| December | 108 | 110 |
Alok Industries share price target 2030
The initial price target of Alok Industries Ltd.’s. is 118 at the beginning of the year 2030. The half-yearly price forecast can rise to 134 in a positive market situation. The price at the end of 2030 is forecast to 150.
| Month | First target | Second target |
| January | 115 | 118 |
| May | 120 | 125 |
| September | 133 | 135 |
| December | 140 | 150 |
Also read ShriRam Finance share price target
Alok Industries share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of Alok Industries share price target of 2035 to be 199 at the beginning of the year, 211 at the middle of the year, and 230 at the end of the financial year.
What is Alok Industries?
Alok Industries is a textile company in India, mainly involved in home and industry-level textiles, weaving and knitting, polyester, and ready-made garments. The company was acquired by Reliance Industries and JM Financial Asset Reconstruction Company.
What is Alok Industries share price target 2024?
Alok Industries share price target 2024 is 34 as the first target and 42 as the second target.
What is Alok Industries share price target 2025?
Alok Industries share price target 2025 is 52 as the first target and 55 as the second target.
Conclusion
This article presents Alok Industries share price targets 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.