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Alok Industries
The market outlook for textiles, particularly for Polyester Yarn & Fabrics is
improving very fast with increasing demand from global and domestic
markets and better realizations
Company is planning to invest Rs.900crs over the next 2 years to increase
capacity
FII’s have increased their holding in the company from 11.41% in June’10
quarter to 20.38% in Sept.’10 quarter
Promoters were able to release around 42% of pledged stocks
We expect company to report, superior results for second half of FY’2011
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