INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Century Textiles Industries Ltd
with a target price of Rs 925
The current market price of Century Textiles Industries Ltd
Time period given by the analyst is Intra Day when Century Textiles Industries Ltd
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 900
Century Textiles Industries Ltd., incorporated in 1897, is a midcap company with a market cap of Rs 10124.10 crore.
Century Textiles
key Products/Revenue Segments include Cement Clinker which contributed Rs 7949.48 Crore to Sales Value (94.80 % of Total Sales), Other
Operating Revenue which contributed Rs 265.27 Crore to Sales Value (3.16 % of Total Sales), Lease Rentals which contributed Rs 142.66 Crore
to Sales Value (1.70 % of Total Sales), Scrap which contributed Rs 14.98 Crore to Sales Value (0.17 % of Total Sales) and Export Incentives
which contributed Rs 12.62 Crore to Sales Value (0.15 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 940.87 Crore, down -51.74 % from last quarter Sales of
Rs 1949.77 Crore and down -53.05 % from last year same quarter Sales of Rs 2003.79 Crore Company has reported net profit after tax of Rs
134.27 Crore in latest quarter
Mr.Sohanlal K Jain, Mr.Yazdi P Dandiwala, Mrs.Rajashree Birla
Company has SRBC Co LLP as its auditoRs As on 31-12-2018, the company has a total of 111,695,680 shares outstanding.
