INSUBCONTINENT EXCLUSIVE:
Kunal Bothra has a sell call on Century Textiles - Industries Ltd
with a target price of Rs 460.0
The current price of Century Textiles - Industries Ltd
Kunal Bothra recommended to keep a stoploss at Rs 486
Century Textiles - Industries Ltd., incorporated in the year 1897, is a Mid Cap company (having a market cap of Rs 5325.09 Crore) operating
Century Textiles - Industries Ltd
key Products/Revenue Segments include Cement - Clinker which contributed Rs 3424.57 Crore to Sales Value (86.90 % of Total Sales), Other
Operating Revenue which contributed Rs 284.79 Crore to Sales Value (7.22 % of Total Sales), Lease Rentals which contributed Rs 205.66 Crore
to Sales Value (5.21 % of Total Sales), Export Incentives which contributed Rs 21.48 Crore to Sales Value (0.54 % of Total Sales) and Scrap
which contributed Rs 4.03 Crore to Sales Value (0.10 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 851.23 Crore, down -.52 % from last quarter Sales of
Rs 855.64 Crore and down -12.69 % from last year same quarter Sales of Rs 974.92 Crore Company has reported net profit after tax of Rs
182.70 Crore in latest quarter
The company’s top management includes Mr.Jagdish Chandra Laddha, Mr.Kumar Mangalam Birla, Mr.R K Dalmia, Mr.Rajan A Dalal, Mr.Sohanlal K
Jain, Mr.Yazdi P Dandiwala, Mrs.Rajashree Birla, Ms.Preeti Vyas
Company has SRBC - Co LLP as its auditoRs As on 30-09-2019, the company has a total of 111,695,680 shares outstanding.