Century Enka Share Price growing Strong

Century Enka share price showed an upward surge in the first half of the trading session. The stock swelled by more than 5 per cent to touch a new 52 week high of Rs 281.40. Within three hours of the trade, 2,37,723 shares of the company have exchanged hands, with a traded value of Rs. 652.10 lacs, on the counter of NSE against the average trading volume of 192880 calculated for 20 days.

Fundamentals

• Century Enka share price is currently quoting at Rs 275.95, up by 5.71 per cent.
• The 52 week low of the stock is seen at Rs 142.65 made on 11^th Feb ‘16.
• The scrip opened at Rs. 262.50 and is trading at a P/E Ratio of 8.34.
• The lifetime high of the share is Rs 405.00 was made on 8^th November ’94 and the lifetime low was made on Rs 26.00 on 24thFeb ‘99.
• The book value is 342.10.
• The market cap of the Company as of today is Rs 570.41 (Cr).
• The Company has a turnover amount of Rs 3.26 lacs.
• Century Enka has given a monthly return of 20.71 per cent.
• The closest support and resistance level of the stock is seen at Rs. 252.45 and Rs. 268.70.
• The upper price band of Century Enka share price is 313.25 and the lower price band is 208.85.

Quarterly Results

The Company posted revenue of Rs 264.37 crore for the quarter ended 30th June 2016 against Rs 303.29 crore for the quarter ended 30th June 2015.  Also, the company has reported a standalone total income from operations amounting to Rs 264.37 crore and a net profit of Rs 22.50 crore for the quarter ended Jun '16. Other income for the quarter was Rs 1.14 crore.Century Enka is one of the Top 500 shares recommended by Dynamic Levels for this quarter amongst the 1700 stocks listed on NSE, owing to its strong fundamentals.