Alok industries is a fully integrated textile company. It supplies to well know companies such as walmart and JC Penney. Lately the stock has be attractive from a value perspective. It has been on the growth path due capacity expansion, backward integration and adding high value products to its product mix. Its foray into retail and real estate has made this stock attractive. One has to hold this stock till the retail and real estate business units are listed.
Some of the recommendations
Citi
CMP Rs 90 Target Rs 121 12 months December 13 2007
Motilal Oswal
CMP Rs 67 Target Neutral 12 months November 02 2007
Motilal Oswal
CMP Rs 63 Target Neutral 12 months August 01 2007
IL&FS
CMP -- Target Buy 12 months May 04 2007
Citi
CMP Rs 61 Target Rs 76 12 months April 30 2007
Edelweiss
CMP Rs 64 Target Buy 12 months April 30 2007
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