Mukesh Ambani owns several companies listed on the stock market, including Alok Industries.
On the fourth trading day of the week, despite a weak market overall, Alok Industries’ shares saw strong demand.
Its share price rose by 5% from ₹16.32, reaching ₹17.49 at one point. On April 7, 2025, the stock had dropped to ₹13.90, its 52-week low.
The highest price in the last 52 weeks was ₹29.97, which it hit in June last year.
March Quarter Results
In the March quarter, Alok Industries posted a loss of ₹74.47 crore, an improvement from ₹215.93 crore in the same quarter last year.
The company’s sales fell by 35.14%, down to ₹952.96 crore from ₹1,469.31 crore in the previous year.
Shareholding Pattern
As of the March 2025 quarter, Mukesh Ambani’s Reliance Industries held 1,98,65,33,333 shares, which is 40.01% of Alok Industries.
Another key shareholder, JM Financial Asset Reconstruction Limited, owned 1,73,73,11,844 shares, or 34.99%. Both are part of the promoter group.
Foreign portfolio investors (FPIs) held 11,90,49,288 shares, making up 2.40% of the company’s shares by the end of the March quarter.
About Alok Industries
Alok Industries, owned by Mukesh Ambani, specializes in textile manufacturing, including related handling and packing services.
The company has four manufacturing units in Silvassa, Vapi, Navi Mumbai, and Bhiwandi.
It exports products to over 90 countries in regions such as the US, Europe, Latin America, Asia, and Africa, with a strong presence in both the cotton and polyester markets.
