CALCULATE YOUR SIP RETURNS

RIL-Backed Alok Industries’ Share Price Falls After Hitting a 20% Upper Circuit Limit Yesterday; Here’s Why

Written by: Neha DubeyUpdated on: Apr 23, 2025, 10:16 AM IST
RIL-backed Alok Industries' share price falls over 2% after hitting a 20% upper circuit limit yesterday; here's why.
RIL-Backed Alok Industries’ Share Price Falls After Hitting a 20% Upper Circuit Limit Yesterday; Here’s Why
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

As of April 23, 2025, Alok Industries Limited’s share price stood at ₹19, showing a decline of ₹0.49 or 2.51% at 9:50 AM on the NSE from the previous close of ₹19.49, possibly due to some profit-taking after yesterday’s sharp gains.

The stock opened at ₹19.42 and reached a high of ₹19.42, with a low of ₹18.90 before closing at ₹19.09. The stock reached its upper circuit limit of 20% on Tuesday, peaking at ₹19.76 for the day.

Strong Financials in Q4 FY25

Alok Industries’ quarterly results for Q4 FY25 were impressive, as the company narrowed its consolidated net loss to ₹74.47 crore from ₹272.99 crore in the previous quarter (Q3 FY25).

The improvement in earnings was largely attributed to a one-time exceptional gain of ₹94.14 crore, which played a pivotal role in reducing the company’s losses.

In addition to the exceptional gain, the company reported a 19.24% sequential growth in revenue from operations, which reached ₹1,038.10 crore, compared to ₹870.63 crore in Q3 FY25.

Alok Industries also demonstrated effective cost management, with its total expenses falling by 5.96% quarter-on-quarter (QoQ) to ₹1,206.34 crore.

Read More: Waaree Energies Posts Robust Q4 FY25 Performance, Profit Soars 34%.

Leadership Transition and Shareholding Insights

In a regulatory filing dated April 21, Alok Industries announced a key leadership change. Anil Kumar Mungad has stepped down from his position as Chief Financial Officer (CFO) and key managerial personnel, effective from the close of business hours on April 29, 2025.

He will transition into a new role as the Head – Commercial of the company starting April 30, 2025. Succeeding him, Jinendra Jain has been appointed as the new CFO with effect from the same date.

Meanwhile, shareholding data for the March 2025 quarter reveals that Reliance Industries, led by Mukesh Ambani, holds a 40.01% stake in Alok Industries. JM Financial Asset Reconstruction Company Limited follows closely with a 34.99% stake. Both entities are listed under the company’s promoter and promoter group category.

Conclusion

While Alok Industries’ recent financial performance for Q4 FY25 showcases positive growth, the sharp 20% surge in its stock price was followed by a slight decline, likely driven by profit-taking from investors, the company’s narrowing of losses, strong revenue growth, and effective cost control paint a promising picture of its financial health.

Moving forward, Alok Industries’ ability to sustain growth without relying on one-time exceptional gains will be key to determining its long-term trajectory.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 23, 2025, 10:16 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers