India's Alok Industries falls as Q1 loss widens

Alok Industries

20/07/2023 05:36

** Shares of Alok Industries  ALOK.NS  fall as much as 5% to
15.2 rupees, their lowest level since June 19
    ** Co's Q1 consol net loss widens to 2.26 bln rupees ($27.6
mln) from 1.42 bln rupees a year ago; rev from ops down 28.5%
YoY
    ** More than 7 mln shares traded as of 10:05 a.m. IST
    ** As of last close, stock up ~3% YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))