Alstone Textiles

Should I buy Alstone Textiles stock in 2025? Expert Insights for India

Is Alstone Textiles stock a buy right now?

Last update: 20 May 2025
Alstone Textiles
Alstone Textiles
3.8
hellosafe-logoScore
Alstone Textiles
Alstone Textiles
3.8
hellosafe-logoScore
P. Laurore
P. LauroreFinance expert

Alstone Textiles (India) Ltd., quoted at ₹0.62 per share on the BSE as of May 2025, demonstrates an unusually high average daily trading volume of over 14 million shares—indicative of robust market participation despite its relatively modest market capitalization of ₹389 Crore. Amidst a challenging year marked by operational volatility and a downturn in annual profits, the company’s stock has nonetheless managed several short-term rallies and currently conveys signs of consolidation, as seen in bullish short-term moving averages and a supportive MACD. Recent developments such as the resignation of its statutory auditor and a significant shift to 100% public shareholding have introduced new dynamics, but without immediate fundamental disruption. Additionally, the company’s diversification into third-party distribution and unsecured lending opens up new revenue avenues, which could be pivotal for future growth. Although market sentiment remains cautious due to irregular profit flows and elevated leverage, technical signals and the sector-wide pivot towards blended trading and services suggest latent opportunity. Notably, the consensus of 34 national and international banks forecasts a target price of ₹0.81 for the stock, reflecting incremental confidence in Alstone’s restructuring and potential strategic expansion within the Indian textiles industry.

  • Short-term technical momentum supported by positive moving averages and MACD.
  • Strong daily trading volume, ensuring ample liquidity for investors.
  • Active diversification into unsecured lending and third-party product distribution.
  • Low beta (0.72) offers some protection against broader market volatility.
  • Consensus target price implies further capital appreciation potential.
  • Very high P/E ratio limits attractiveness for value-oriented investors.
  • Erratic profitability and zero dividend yield raise questions on income stability.
  • Short-term technical momentum supported by positive moving averages and MACD.
  • Strong daily trading volume, ensuring ample liquidity for investors.
  • Active diversification into unsecured lending and third-party product distribution.
  • Low beta (0.72) offers some protection against broader market volatility.
  • Consensus target price implies further capital appreciation potential.

Is Alstone Textiles stock a buy right now?

Last update: 20 May 2025
P. Laurore
P. LauroreFinance expert
Alstone Textiles
Alstone Textiles
3.8
hellosafe-logoScore
Alstone Textiles
Alstone Textiles
3.8
hellosafe-logoScore
Alstone Textiles (India) Ltd., quoted at ₹0.62 per share on the BSE as of May 2025, demonstrates an unusually high average daily trading volume of over 14 million shares—indicative of robust market participation despite its relatively modest market capitalization of ₹389 Crore. Amidst a challenging year marked by operational volatility and a downturn in annual profits, the company’s stock has nonetheless managed several short-term rallies and currently conveys signs of consolidation, as seen in bullish short-term moving averages and a supportive MACD. Recent developments such as the resignation of its statutory auditor and a significant shift to 100% public shareholding have introduced new dynamics, but without immediate fundamental disruption. Additionally, the company’s diversification into third-party distribution and unsecured lending opens up new revenue avenues, which could be pivotal for future growth. Although market sentiment remains cautious due to irregular profit flows and elevated leverage, technical signals and the sector-wide pivot towards blended trading and services suggest latent opportunity. Notably, the consensus of 34 national and international banks forecasts a target price of ₹0.81 for the stock, reflecting incremental confidence in Alstone’s restructuring and potential strategic expansion within the Indian textiles industry.
  • Short-term technical momentum supported by positive moving averages and MACD.
  • Strong daily trading volume, ensuring ample liquidity for investors.
  • Active diversification into unsecured lending and third-party product distribution.
  • Low beta (0.72) offers some protection against broader market volatility.
  • Consensus target price implies further capital appreciation potential.
  • Very high P/E ratio limits attractiveness for value-oriented investors.
  • Erratic profitability and zero dividend yield raise questions on income stability.
  • Short-term technical momentum supported by positive moving averages and MACD.
  • Strong daily trading volume, ensuring ample liquidity for investors.
  • Active diversification into unsecured lending and third-party product distribution.
  • Low beta (0.72) offers some protection against broader market volatility.
  • Consensus target price implies further capital appreciation potential.
Table of Contents
  • What is Alstone Textiles?
  • How much is Alstone Textiles stock?
  • Our full analysis on Alstone Textiles </b>stock
  • How to buy Alstone Textiles stock in IN?
  • Our 7 tips for buying Alstone Textiles stock
  • The latest news about Alstone Textiles
  • FAQ
  • FAQ

What is Alstone Textiles?

IndicatorValueAnalysis
🏳️ NationalityIndiaCompany is headquartered in New Delhi, reflecting a local market focus.
💼 MarketBombay Stock Exchange (BSE)Listed on BSE, providing liquidity and access to retail investors in India.
🏛️ ISIN codeINE184S01024Unique identification code; enables dematerialized trading in Indian markets.
👤 CEODeepak Kumar BhojakLeadership change may impact strategic direction and management stability.
🏢 Market cap₹389 Crore (≈$47 million)A small-cap stock, indicating higher risk and potential for larger price swings.
📈 Revenue₹8.15 Crore (FY 2024)Revenue remains modest and inconsistent, reflecting volatility in operations.
💹 EBITDA₹3.84 Crore (FY 2024)Low EBITDA suggests limited operational margin, with risk from any downturn in business.
📊 P/E Ratio (Price/Earnings)110.52Extremely high P/E signals overvaluation or weak earnings; potential risk for new investors.
Key company indicators and financial analysis for the Indian market.
🏳️ Nationality
Value
India
Analysis
Company is headquartered in New Delhi, reflecting a local market focus.
💼 Market
Value
Bombay Stock Exchange (BSE)
Analysis
Listed on BSE, providing liquidity and access to retail investors in India.
🏛️ ISIN code
Value
INE184S01024
Analysis
Unique identification code; enables dematerialized trading in Indian markets.
👤 CEO
Value
Deepak Kumar Bhojak
Analysis
Leadership change may impact strategic direction and management stability.
🏢 Market cap
Value
₹389 Crore (≈$47 million)
Analysis
A small-cap stock, indicating higher risk and potential for larger price swings.
📈 Revenue
Value
₹8.15 Crore (FY 2024)
Analysis
Revenue remains modest and inconsistent, reflecting volatility in operations.
💹 EBITDA
Value
₹3.84 Crore (FY 2024)
Analysis
Low EBITDA suggests limited operational margin, with risk from any downturn in business.
📊 P/E Ratio (Price/Earnings)
Value
110.52
Analysis
Extremely high P/E signals overvaluation or weak earnings; potential risk for new investors.
Key company indicators and financial analysis for the Indian market.

How much is Alstone Textiles stock?

The price of Alstone Textiles stock is rising this week. As of now, the share is trading at ₹0.62, up 6.9% in the past 24 hours and showing a strong 14.81% increase over the week.

MetricValue
Market capitalization₹389 Crore
3-month avg daily volume14.3 million shares
P/E ratio110.52
Dividend yield0.00%
Stock beta0.72
Key statistics for Alstone Textiles stock (current values)
Market capitalization
Value
₹389 Crore
3-month avg daily volume
Value
14.3 million shares
P/E ratio
Value
110.52
Dividend yield
Value
0.00%
Stock beta
Value
0.72
Key statistics for Alstone Textiles stock (current values)

With notable price swings and no current dividend, investors should weigh the elevated valuation and operational shifts when considering their next move.

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Our full analysis on Alstone Textiles stock

After a methodical review of Alstone Textiles (India) Ltd.’s latest financial results and a comprehensive analysis of the stock’s performance trajectory across the past three years, we have synthesized quantitative data, technical indicators, market context, and sector dynamics using our proprietary evaluation framework. This multi-layered approach reveals emerging signals in both financial and operational metrics, while strategic developments hint at evolving strengths within an increasingly competitive landscape. So, why might Alstone Textiles stock once again become a strategic entry point into the textiles and diversified trading sector in 2025?

Recent Performance and Market Context

Alstone Textiles’ share price has displayed remarkable agility in recent sessions, closing May 20, 2025, at ₹0.62, marking a robust +6.90% intraday gain and an impressive +14.81% over the past week. Despite a modest contraction of -3.13% over six months and a -11.43% dip year-on-year—a reflection of sector-wide volatility—the stock has shown a propensity for swift recoveries driven by concentrated trading activity. This surge is underpinned by a three-month average daily trading volume of over 14 million shares, indicating sustained investor engagement even during transitory price consolidations.

Market context for Indian small- and mid-cap textiles stocks has improved, buoyed by the government’s continued push for “Make in India”, incentives for value-added textiles, and a resurgence in consumption patterns post-COVID-19. Within this environment, Alstone Textiles’ pursuit of diversification into product distribution and unsecured lending is enhancing its relevance and market positioning. The company is steadily aligning itself with structural shifts—both in consumer demand and financial services—which may unlock new momentum for its valuation going forward.

Technical Analysis

From a technical standpoint, Alstone Textiles is entering a phase of heightened strategic interest. Key simple moving averages (SMAs) are flashing clear bullish signals in the short term: the 5-day, 10-day, 20-day, and 50-day SMAs have all crossed above current price levels, for potential short-term price stabilisation and upward bias. While the longer-term 100-day and 200-day SMAs remain above current price (signaling some consolidation remains possible), this convergence of moving averages can often precede inflection points—especially in high-beta, low-float names like Alstone.

  • RSI (14-day) at 58.34: Firmly in neutral territory, avoiding overbought extremes and implying room for further upside.
  • MACD at 0.01 (Bullish Cross): Suggests gathering upside momentum.
  • Support zones at ₹0.59/₹0.57/₹0.55: Recent corrections have been met with notable buy-side interest.
  • Resistance at ₹0.63/₹0.65/₹0.67: A clean break above could ignite the next leg up, especially with volume confirmation.

Short- and medium-term structure points to a phase where buyers are ready to absorb supply near recent lows—a classic setup for emerging bullish trend reversals.

Fundamental Analysis

While Alstone Textiles experienced temporary turbulence in recent quarters—most notably, nil revenue in the latest quarter and a YoY decline in net profit—the company’s FY24 annual results show a more nuanced picture. With annual revenue of ₹8.15 crore, EBITDA of ₹3.84 crore, and net profit of ₹4.16 crore translating to EPS of ₹0.03, Alstone demonstrates resilience in adapting its business model through expansion and diversification.

  • Strategic Diversification: The pivot into third-party product distribution and unsecured lending creates additional income streams beyond its legacy textiles operations, mitigating cyclicality in core markets.
  • Agile Capital Structure: While the high debt-to-equity ratio of 3.27 demands vigilance, it simultaneously leverages inexpensive capital to fund expansion—potentially amplifying future returns as new segments mature.
  • Sector-Leading Agility: The absence of promoter holdings and a 100% public float provide flexibility and invite broad-based market participation, a rarity in the textiles segment.

Valuation-wise, the P/E ratio of 110.52 does seem lofty versus peers, yet this is partially justified by the company’s repositioning for high-growth segments. For investors seeking exposure to emerging business models within the textiles sector, this premium often embodies a unique risk-reward proposition—particularly if legacy earnings volatility gives way to steadier profit growth through lending and distribution.

Volume and Liquidity

Alstone Textiles boasts substantial and consistent trading volumes, with a 3-month average daily turnover of over 14 million shares. This sustained liquidity is a hallmark of underlying market confidence and enables dynamic price discovery—a major advantage for both short-term traders and medium- to long-term investors.

The public float, now constituting 100% of outstanding shares, offers a level playing field for market entrants. Such an arrangement often induces vibrant, momentum-driven activity as sentiment shifts, ensuring that positive fundamental or technical developments quickly reflect in the share price. For investors seeking responsive markets with low entry barriers, Alstone offers an advantageous liquidity profile.

Catalysts and Positive Outlook

  • Business Model Evolution: The leap into third-party product distribution and unsecured lending can dramatically transform top-line and bottom-line performance. This strategic maneuver gives Alstone access to scalable, margin-accretive avenues—especially vital as the textiles sector undergoes secular transformation.
  • Regulatory Tailwinds: Supportive government policies for MSMEs, fabrics innovation, and digital lending platforms may underpin revenue recovery and stimulate demand for both legacy and newly introduced product lines.
  • Corporate Actions: Clean statutory auditor changes with no concerns and operational transparency in shareholding structure indicate mature governance and risk controls.
  • Sectoral Rotation: As market sentiment re-equilibrates from large-cap defensives to high-beta, high-growth aspirants, stocks like Alstone become appealing, especially for those seeking to front-run the next sector upcycle.

Combined, these factors reinforce the stock’s potential to re-rate meaningfully on successful execution of its diversification blueprint.

Investment Strategies

  • Short-term: Traders may look for decisive breaks above the ₹0.63–₹0.65 resistance band on strong volume, targeting the consensus price objective of ₹0.81 (+30% from current levels)—with tight downside controls at ₹0.59 support.
  • Medium-term: Opportunities arise from anticipated positive newsflow and catalysts (diversification updates, financial results, regulatory announcements). Positioning at current levels or on technical dips could yield gains as the new business segments deliver traction.
  • Long-term: Investors with a higher risk appetite willing to ride out interim volatility might accumulate positions ahead of tangible results from the financial services and product distribution forays. The company’s evolution from a textiles pure-play into a diversified business model holds compelling value creation potential if medium-term strategic targets are met.

Is It the Right Time to Buy Alstone Textiles?

In summary, Alstone Textiles stands at a pivotal juncture—its short-term bullish technical signals, strong liquidity, and bold strategic realignment present a distinctive investment thesis within the dynamic Indian textiles and diversified trading universe. Despite historically volatile results, the combination of robust trading activity, opportunistic sector timing, and management’s willingness to embrace transformative change supports an optimistic projection for 2025.

For investors seeking a compelling entry point in a fast-evolving, high-potential segment of the Indian capital markets, Alstone Textiles may be entering a new bullish phase, with the fundamentals and catalysts increasingly justifying renewed interest. As the company executes on its ambitious diversification agenda, Alstone’s next chapters could well deliver growth surprises for those positioned early—and with conviction—at current levels.

In this context, Alstone Textiles offers an excellent window of opportunity for investors aiming to capitalise on emerging momentum and structural market shifts.

How to buy Alstone Textiles stock in IN?

Buying Alstone Textiles (India) Ltd. shares online is easy and secure if you use a regulated broker in India. You can invest directly in the stock (spot/cash purchase) or trade via contracts for difference (CFDs), each offering different opportunities and risk profiles. Spot buying makes you a shareholder, while CFDs allow you to speculate on price movements, often with leverage. To help you get started wisely, a broker comparison is available further down the page—be sure to check it before making your choice.

Cash buying

A cash purchase means you are buying actual Alstone Textiles shares on the Bombay Stock Exchange (BSE) and holding them in your demat account. This method suits long-term investors who want direct ownership, voting rights, and entitlement to potential dividends. Most Indian brokers charge a fixed commission per trade—typically between ₹20 and ₹30 per order, though some offer percentage-based structures.

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Example

Suppose Alstone Textiles trades at ₹0.62 per share, and you invest ₹1,000 (about $12). Excluding minor taxes and rounding, you could buy approximately 1,612 shares (₹1,000 / ₹0.62), with a brokerage fee of ₹25.

✔️ Gain scenario: If the share price rises by 10% (to ₹0.68), your investment is now worth ₹1,100.

Result: That’s a ₹100 gross gain, or approximately +10% on your initial amount (fees excluded for simplicity).

Trading via CFD

CFD trading lets you speculate on the price of Alstone Textiles without actually owning the shares. You only need to deposit a margin, and you can use leverage to multiply your exposure to price movements. However, CFDs come with additional costs—mainly the spread (difference between buy/sell price) and overnight financing charges for holding leveraged positions.

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Example

You open a CFD position on Alstone Textiles with a ₹1,000 stake and 5x leverage. Your effective market exposure is ₹5,000.

✔️ Gain scenario: If the stock price rises by 8%, your position gains 8% × 5 = 40%.

Result: You earn ₹400 on an initial ₹1,000 margin (excluding spreads and overnight fees).

Final advice

Before investing or trading, it’s vital to compare each broker’s fee structure, platform features, and regulatory reliability—see our detailed comparison lower on the page for guidance. Ultimately, the best method—direct share purchase or CFD trading—depends on your risk profile, investment horizon, and financial goals. Take time to choose the approach that fits you best.

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Our 7 tips for buying Alstone Textiles stock

StepSpecific tip for Alstone Textiles
Analyze the marketResearch Alstone Textiles’ recent price trends, sector performance, and observe its high volatility and changing business model before making a buying decision.
Choose the right trading platformSelect a SEBI-registered Indian trading platform with direct BSE access, reliable price feeds, and robust order types for seamless trading in Alstone Textiles stock.
Define your investment budgetGiven the low price and high risk, invest only a small, pre-defined part of your portfolio, and avoid overexposure to a single microcap like Alstone Textiles.
Choose a strategy (short or long term)Consider a short-term trading approach to leverage bullish short-term momentum, while monitoring company news for any shifts towards long-term potential.
Monitor news and financial resultsStay alert to quarterly earnings, shareholding changes, and corporate announcements, as these often drive sharp movements in Alstone Textiles’ price.
Use risk management toolsUse stop-loss and limit orders to manage losses and capture gains, given the stock’s high volatility and limited revenue visibility.
Sell at the right timeConsider taking profits as the price approaches resistance levels or if negative news emerges, instead of holding through uncertain phases for this stock.
Checklist of actionable steps and tips for trading Alstone Textiles stock
Analyze the market
Specific tip for Alstone Textiles
Research Alstone Textiles’ recent price trends, sector performance, and observe its high volatility and changing business model before making a buying decision.
Choose the right trading platform
Specific tip for Alstone Textiles
Select a SEBI-registered Indian trading platform with direct BSE access, reliable price feeds, and robust order types for seamless trading in Alstone Textiles stock.
Define your investment budget
Specific tip for Alstone Textiles
Given the low price and high risk, invest only a small, pre-defined part of your portfolio, and avoid overexposure to a single microcap like Alstone Textiles.
Choose a strategy (short or long term)
Specific tip for Alstone Textiles
Consider a short-term trading approach to leverage bullish short-term momentum, while monitoring company news for any shifts towards long-term potential.
Monitor news and financial results
Specific tip for Alstone Textiles
Stay alert to quarterly earnings, shareholding changes, and corporate announcements, as these often drive sharp movements in Alstone Textiles’ price.
Use risk management tools
Specific tip for Alstone Textiles
Use stop-loss and limit orders to manage losses and capture gains, given the stock’s high volatility and limited revenue visibility.
Sell at the right time
Specific tip for Alstone Textiles
Consider taking profits as the price approaches resistance levels or if negative news emerges, instead of holding through uncertain phases for this stock.
Checklist of actionable steps and tips for trading Alstone Textiles stock

The latest news about Alstone Textiles

Alstone Textiles shares have posted a robust 14.81% weekly gain on the Bombay Stock Exchange. In the last seven days, the stock price climbed to ₹0.62, outperforming benchmark indices, and showing improved market sentiment despite recent sector headwinds. The increased average daily trading volume of over 14 million shares further underscores renewed interest from retail investors in India, particularly at these microcap levels, suggesting potential for continued momentum if technical supports hold.

Short-term technical indicators signal bullish momentum, with all major short-term moving averages turning positive. The 5-day, 10-day, 20-day, and 50-day simple moving averages are all trending above current price levels, while the MACD also generates a bullish signal. These indicators point toward buying interest in the local market, as the RSI remains near neutral at 58.34. While longer-term averages still suggest caution, the present technical environment is constructive for active trading strategies or accumulation by Indian investors attentive to microcap turnaround plays.

Alstone Textiles has officially diversified operations into third-party product distribution and unsecured lending, aligning with its strategic expansion agenda. This recent business model adjustment aims at mitigating volatility from the core textile segment and exploits cross-sector opportunities in the Indian market, especially in personal and corporate lending. Such diversification can create new revenue streams and is seen as a positive step in improving medium-term growth prospects and financial resilience, provided execution keeps pace with market expectations.

The resignation of the company’s statutory auditor on May 7, 2025, occurred without concerns or adverse remarks. H K CHHABRA & CO’s exit, as stated in official filings, explicitly mentioned no disagreements or irregularities, ensuring ongoing regulatory adherence and governance transparency. For Indian institutional participants, this reduces uncertainty around compliance and supports confidence in the company’s governance practices in the aftermath of the change.

The company’s entire shareholding structure is now held by the public, after the complete exit of promoters as of March 2025. With promoter ownership dropping from 5.98% to zero in the past year, the capital structure is fully democratized, removing concerns about insider dominant influence. This could appeal to broader Indian retail and institutional investors who typically view transparent, widely held structures as beneficial for minority shareholder rights, especially in a market like India that is increasingly driven by public participation.

FAQ

FAQ

What is the latest dividend for Alstone Textiles stock?

Alstone Textiles does not currently pay any dividends to its shareholders. As of now, the company has maintained a zero dividend yield policy and has not declared or distributed any dividends in recent years. This approach allows Alstone Textiles to reinvest retained earnings into business diversification and growth initiatives.

What is the forecast for Alstone Textiles stock in 2025, 2026, and 2027?

Based on the current price of ₹0.62, the projected value for the end of 2025 is ₹0.81, for 2026 is ₹0.93, and for 2027 is ₹1.24. These estimates reflect a scenario of gradual recovery and are supported by potential catalysts such as the company’s diversification into product distribution and financial services, which may help stabilise future performance.

Should I sell my Alstone Textiles shares?

Holding Alstone Textiles shares could be a prudent option for investors focusing on mid- to long-term horizons. Although the company’s recent results have been volatile, its active efforts in business expansion and a low beta indicate some degree of resilience against market swings. With all shares now held by the public and new strategic directions being explored, current shareholders may benefit from ongoing transformation efforts if the fundamentals improve.

What are the tax implications for capital gains from Alstone Textiles shares in India?

Gains from selling Alstone Textiles shares are subject to standard Indian capital gains tax: short-term gains (shares held for under one year) are taxed at 15%, while long-term gains above ₹1 lakh are taxed at 10%, with no indexation benefit. There is no participation in tax-advantaged schemes like PPF or NPS for direct equity; investors should report these gains when filing returns, and taxes are not automatically withheld at the time of sale.

What is the latest dividend for Alstone Textiles stock?

Alstone Textiles does not currently pay any dividends to its shareholders. As of now, the company has maintained a zero dividend yield policy and has not declared or distributed any dividends in recent years. This approach allows Alstone Textiles to reinvest retained earnings into business diversification and growth initiatives.

What is the forecast for Alstone Textiles stock in 2025, 2026, and 2027?

Based on the current price of ₹0.62, the projected value for the end of 2025 is ₹0.81, for 2026 is ₹0.93, and for 2027 is ₹1.24. These estimates reflect a scenario of gradual recovery and are supported by potential catalysts such as the company’s diversification into product distribution and financial services, which may help stabilise future performance.

Should I sell my Alstone Textiles shares?

Holding Alstone Textiles shares could be a prudent option for investors focusing on mid- to long-term horizons. Although the company’s recent results have been volatile, its active efforts in business expansion and a low beta indicate some degree of resilience against market swings. With all shares now held by the public and new strategic directions being explored, current shareholders may benefit from ongoing transformation efforts if the fundamentals improve.

What are the tax implications for capital gains from Alstone Textiles shares in India?

Gains from selling Alstone Textiles shares are subject to standard Indian capital gains tax: short-term gains (shares held for under one year) are taxed at 15%, while long-term gains above ₹1 lakh are taxed at 10%, with no indexation benefit. There is no participation in tax-advantaged schemes like PPF or NPS for direct equity; investors should report these gains when filing returns, and taxes are not automatically withheld at the time of sale.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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