New Delhi, April 22 -- Alok Industries share price surged as much as 16 per cent in morning trade on BSE on Tuesday, April 22, a day after the Mukesh Ambani-backed company reported its March quarter (Q4) results.

Alok Industries share price opened at Rs.17.36 against its previous close of Rs.16.47 and rose as much as 18.4 per cent to an intraday high of Rs.19.50. With this, the stock has jumped 25 per cent in April so far, looking set to snap its losing streak of the last seven consecutive months.

Around 10:10 AM on Tuesday, the stock traded 17.85 per cent higher at Rs.19.41.

Alok Industries share price recently hit a 52-week low of Rs.13.90 on April 7 this year. It hit a 52-week high of Rs.29.97 on June 19 last year. As of April 21 cl...