India's Alok Industries falls after weak quarterly earnings

Alok Industries

18/07/2025 07:35

** India's Alok Industries ALOK.NS falls 5.6% to 20.80 rupees, set for biggest daily pct. losses since April 25

** Reliance Industries RELI.NS-promoted textile co's Q1 revenue down 7.3% y/y

** Posts 1.72 billion rupees loss for the quarter, vs 2.07 billion rupees loss a year ago

** More than 31 million shares change hands, vs 30-day avg. volume of ~40 million

** YTD, ALOK down 1%

(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))