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Alok Industries gets rating reaffirmation from CARE for bank facilities

12 Nov 2011 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the assigned ‘A1+’ rating to Alok Industries’ short term commercial paper / term debt issue for an amount aggregating to Rs 250 crore for a maturity not exceeding one year.

Recently, the CARE has reaffirmed the assigned ‘A1+’ rating to the company’s short term commercial paper / NCDs / term debt issue for an amount aggregating to Rs 1,000 crore for a maturity not exceeding one year.

Alok 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

14.31 -0.12 (-0.83%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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