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.
is Rs 906.4.
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 Industries Ltd.
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.
The companys top management includes Mr.B K Birla, Mr.Kumar Mangalam Birla, Mr.Pradip Kumar Daga, Mr.R K Dalmia, Mr.Rajan A Dalal, 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.