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In this video we will learn about what is the new target? We will also try to answer the following questions. Alok Industries Share price Target 2022! Alok Industries Latest News !! Technical Analysis Alok.
In This channel we talk about Stock Alok was established in 1986 as a private limited company, with our first polyester texturising plant being set up in 1989. We became a public limited company in 1993. Over the years, we have expanded into weaving, knitting, processing, home textiles and garments. And to ensure quality and cost efficiencies we have integrated backward into cotton spinning and manufacturing partially oriented yarn through the continuous polymerisation route. We also provide embroidered products through Grabal Alok Impex Ltd., our associate company.
– That is how we have evolved into a diversified manufacturer of world-class home textiles, garments, apparel fabrics and polyester yarns, selling directly to manufacturers, exporters, importers, retailers and to some of the world’s top brands.
– Alok has a strong foothold in the domestic retail segment through a wholly owned subsidiary, Alok H&A Limited, under the cash & carry model that offer garments and home textiles at attractive price points.
– Alok also has an international presence in the retail segment through its associate concern, Grabal Alok (UK) Limited. This entity owns more than 200 outlets across England, Scotland and Wales vending value for money ranges for menswear, womenswear, childrenwear, footwear, homeware and accessories.
– In addition, Alok has also invested in premium commercial/residential projects across Mumbai through its wholly owned subsidiaries.
More details on our Retail and Realty forays.
n April 2007, Alok acquired 60% of the equity of Mileta a.s, a ‘top of the line’ integrated textile entity situated in the Czech Republic; subsequently, Alok has raised its stake in the company to 79.80%. Mileta is one of the premium textile enterprises in Europe, manufacturing handkerchiefs, shirting fabrics, table linen, bed linen and other premium products. Mileta exports most of its production to Europe, North and South America, Africa, Middle East, Far East and Australia.
Alok International Inc.
Alok International Inc is the USA based subsidiary of Alok Industries Limited. The objective behind setting up a subsidiary in USA was to provide forward integration to USA retailers by strengthening the distribution channel. The subsidiary will help Alok to enter into strategic partnerships in the USA. This channel will be used to increase business with the existing customers and further widening the customer base. Also it will help Alok to penetrate markets in South America.
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0:02 Introduction about the company
0:36 – Fundamentals of the stock
01:08 – Technical Analysis of the stock
02:03 – Our Recommendation
02:44 Conclusion
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