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Alok industries

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Alok industries is a long term hold.
It a vertically integrated company.
It has a modern plant, the result is also good.
Due to economic slowdown in the western countries it got less order, hence a temporary slump. Despite the recession the company post good result. High debt is a concern though. Overall its a hold for long term.

In short term nothing going to happen, here patience will be rewarded.
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