Mukesh Ambani owns several companies that are listed on the stock market, and one of them is Alok Industries.
On the fourth trading day of the week, even though the overall market was weak, there was strong demand for this company’s shares. During the day, its share price rose by 5 percent from the previous closing price of ₹16.32.
At one point, the price reached ₹17.49. Earlier, on April 7, 2025, the stock had dropped to ₹13.90, which is its 52-week low. In contrast, its highest point in the last 52 weeks was ₹29.97, which it touched in June last year.
March Quarter Results
In the March quarter, Alok Industries Limited reported a loss of ₹74.47 crore. In the same quarter a year ago, the loss was higher at ₹215.93 crore. The company’s sales during this quarter fell by 35.14% to ₹952.96 crore, compared to ₹1469.31 crore in the same period last year.
Shareholding Pattern
As of the end of the March 2025 quarter, Mukesh Ambani’s Reliance Industries owned 1,98,65,33,333 shares in Alok Industries, which makes up 40.01% of the company.
Another major shareholder, JM Financial Asset Reconstruction Limited, held 1,73,73,11,844 shares or 34.99%. Both of these are promoters of the company and fall under the promoter group.
Among public investors, foreign portfolio investors (FPIs) held 11,90,49,288 shares, which is a 2.40% stake as of the March quarter.
About Alok Industries
Alok Industries, a company owned by Mukesh Ambani, mainly works in textile manufacturing, including related handling and packing services. It operates four manufacturing units located in Silvassa, Vapi, Navi Mumbai, and Bhiwandi.
The company exports its products to over 90 countries across regions like the US, Europe, Latin America, Asia, and Africa. It has a strong presence in both the cotton and polyester markets.