Alok Industries shares jump around 16%, up for 3rd time this week; here's why

Shares of textiles manufacturer Alok Industries rallied almost 16 percent in trade on Friday, spiking for the 3rd time this week, after Reliance Industries invested ₹3,300 crore in the company.

Alok Industries shares jump around 16%, up for 3rd time this week; here's why
Shares of textiles manufacturer Alok Industries rallied almost 16 percent in trade on Friday, spiking for the 3rd time this week, after Reliance Industries invested ₹3,300 crore in the company.