Mukesh Ambani-backed Alok Industries share price surges 18% after Q4 results
Alok Industries share price surged as much as 16 per cent in morning trade on BSE on Tuesday, April 22, a day after the Mukesh Ambani-backed company reported its March quarter (Q4) results.
Alok Industries share price opened at ₹17.36 against its previous close of ₹16.47 and rose as much as 18.4 per cent to an intraday high of ₹19.50. With this, the stock has jumped 25 per cent in April so far, looking set to snap its losing streak of the last seven consecutive months.
Around 10:10 AM on Tuesday, the stock traded 17.85 per cent higher at ₹19.41.
Alok Industries share price recently hit a 52-week low of ₹13.90 on April 7 this year. It hit a 52-week high of ₹29.97 on June 19 last year. As of April 21 close, the stock is…
