Century Textiles spurts on reporting over 15 fold jump in Q1 net profit

23 Jul 2013 Evaluate

Century Textiles & Industries is currently trading at Rs. 265.00, up by 5.05 points or 1.94 % from its previous closing of Rs. 259.95 on the BSE.

The scrip opened at Rs. 262.60 and has touched a high and low of Rs. 270.80 and Rs. 255.20 respectively. So far 521294 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. 234.05 on 18-Jul-2013.

Last one week high and low of the scrip stood at Rs. 264.45 and Rs. 234.05 respectively. The current market cap of the company is Rs. 2460.59 crore.

The promoters holding in the company stood at 40.38 % while Institutions and Non-Institutions held 26.23 % and 33.06 % respectively.

Century Textiles & Industries has  registered over 15 fold jump in its net profit at Rs 37.65 crore for the quarter ended June 30, 2013 as compared to Rs 2.41 crore for the same quarter in the previous year. Company’s total income has increased by 14.40% at Rs 1595.59 crore for quarter under review as compared to Rs 1394.75 crore for the quarter ended June 30, 2012.

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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