Century Textiles share price hit 52-week high of Rs.1038.70 on the NSE today. Century Textiles & Industries reported a net profit of Rs 41.1 cr for the second quarter ended September and announced plans to raise Rs 700 cr through private placement. The company had reported a net loss of Rs 31.45 cr in the corresponding quarter of the previous financial year. However, its total income decreased to Rs 2,052.65 cr during the quarter under review from Rs 2,144.18 cr in the year-ago period.
In a regulatory filing, the company announced that its Board of Directors had approved issue of non-convertible debentures on private placement basis for Rs.700 cr for general corporate purposes encompassing long term working capital/refinancing.
Century Textiles share price history:
Meanwhile, Century Textiles share price was trading 8.63 per cent higher at Rs.1025.10 on the National Stock Exchange (NSE) today. The scrip opened at Rs.955 from a previous closing of Rs. 943.70.
Century Textiles is analyzed by Dynamic Levels Researchers and analysts as the top 500 performing stocks for the present quarter amongst the 1700 stocks which are listed on the National Stock Exchange (NSE). Century Textiles is fundamentally strong, financially sound and is safe for investment, as per Dynamic analysts and market experts. It has a debt equity of less than 2 and its pledge is less than 25 per cent.
Century Textiles has a market cap of Rs. 10540.72 (Cr) while its book value stands at 197.57. The 52-week low of the stock reads at Rs. 403.00 (29-Feb-16). The stock’s life time high & low stands at Rs. 1276.90 (07-Jan-08) and Rs. 20.55 (18-Sep-01), respectively.
In order to gain information about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a quick visit to Century Textiles share price history.
Source: www.dynamiclevels.com
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