Century Textile plunges on reporting net loss of Rs 29.19 crore in Q3

29 Jan 2013 Evaluate

Century Textile is currently trading at Rs. 400.25, down by 3.55 points or 0.88% from its previous closing of Rs. 403.80 on the BSE.

The scrip opened at Rs. 407.00 and has touched a high and low of Rs. 410.60 and Rs. 396.80 respectively. So far 177793 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 470.00 on 06-Dec-2012 and a 52 week low of Rs. 253.30 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 425.95 and Rs. 388.00 respectively. The current market cap of the company is Rs. 3763.70 crore.

The promoters holding in the company stood at 40.38% while Institutions and Non-Institutions held 26.40% and 32.88% respectively. 

Century Textiles & Industries has reported results for third quarter ended December 31, 2012.

The company has reported a net loss of Rs 29.19 crore for the quarter ended December 31, 2012 as compared to Rs 54.28 crore net profit for the same quarter in the previous year. Total income from operation of the company has increased by 16.80% at Rs 1520.11 crore for quarter under review as compared to Rs 1301.51 crore for the quarter ended December 31, 2011.

Century Textiles & Industries has wide portfolio that manufactures yarn, denim, viscose filament rayon yarn, tyrecords, caustic soda, sulfuric acid, salt, cement and pulp & paper.

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