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Alok Industries

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Alok Industries: Factual Updates Removing clouds of Rumours This tweet is not recommendation to Buy or Sell. However Denofwealth is renowned for calling a spade a spade. We feel that new comer investors are victims of brazen mistruths and lies and this time type of lies being spread are unheard of. One will agree that even if lies are repeated and repeated hundred times, it will not become truth : 1) Alok Industries being renamed as Reliance Textiles : Zero truth in same. Absolute lie. 2) USFDA approval for PPE kits : Again a blatant lie and trap to cheat gullible investors. There is no law to require USFDA approval for PPE kits. And Alok Industries has never applied for such approval as it is not required 3) Purchase by LIC:So far LIC not buying Alok Industries shares 4) It is pure rubbish when vested interests claiming that Alok coming in Nifty 50. In Fact these guys have set a new benchmark of lies 5) 1:1 Bonus issue : Ridiculous. How a company still under IBC resolution Loss making with negative networth can issue bonus shares? 6) Retail investors are being trapped whereas operators are selling 7) Final : JM can show lifetime high Profit in 1st half of current year. Hope intelligent investors get what we are hinting at 8) Our earlier fact figure based analysis has put Fair Value at Rs 15-25 9) PPE kit prices have fallen sharply

2.04 AM Jul 14th
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