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CARE assigns ‘A+’ rating to the proposed long term NCDs of Alok Industries

02 Feb 2012 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has assigned ‘A+’ rating to the Alok Industries’ proposed long term non-convertible debentures (NCDs) issue aggregating to Rs 500 crore. The proposed NCDs would have tenure of more than one year and up to eight years.

Alok Industries has evolved from a small trading business into India’s largest integrated textiles player. It is present across various verticals of the textile value chain - from yarn manufacturing to garmenting. Alok’s production facilities are at Silvassa, Vapi and Navi Mumbai. The company also has a presence in the domestic retail segment and in real estate through a wholly-owned subsidiary.

Alok Inds Share Price

13.52 -0.37 (-2.66%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 130.25
Vardhman Textiles 590.10
Arvind 382.55
K.P.R. Mill 930.45
Page Industries 37647.00
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