IbpHub News

Buy Century Textiles & Industries, target Rs 966: Kunal Bothra

 

Image Source:ThinkStock Photos

 

Independent analyst Kunal Bothra has a buy call on Century Textiles & Industries Ltd. with a target price of Rs 966. The current market price of Century Textiles & Industries Ltd. is Rs 929.25. Time period given by the analyst is Intra Day when Century Textiles & Industries Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 915. Century Textiles & Industries Ltd., incorporated in 1897, with a market cap of Rs 10379.32 crore. 

Century Textiles & Industries Ltd. key Products/Revenue Segments include Cement & Clinker which contributed Rs 7949.48 Crore to Sales Value (94.80 % of Total Sales), Other Operating Revenue which contributed Rs 265.27 Crore to Sales Value (3.16 % of Total Sales), Lease Rentals which contributed Rs 142.66 Crore to Sales Value (1.70 % of Total Sales), Scrap which contributed Rs 14.98 Crore to Sales Value (0.17 % of Total Sales) and Export Incentives which contributed Rs 12.62 Crore to Sales Value (0.15 % of Total Sales)for the year ending 31-Mar-2018. 

 

For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 940.87 Crore, down -51.74 % from last quarter Sales of Rs 1949.77 Crore and down -53.05 % from last year same quarter Sales of Rs 2003.79 Crore Company has reported net profit after tax of Rs 134.27 Crore in latest quarter. The company’s top management includes Mr.B K Birla, Mr.Kumar Mangalam Birla, Mr.Pradip Kumar Daga, Mr.R K Dalmia, Mr.Rajan A Dalal, Mr.Sohanlal K Jain, Mr.Yazdi P Dandiwala,Mrs.Rajashree Birla. Company has SRBC & Co LLP as its auditoRs As on 31-03-2019, the company has a total of 111,695,680 shares outstanding. 

 

Source:-Economic Times

Comments

Test name February 19, 2016 Reply

There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don't look even slightly believable. If you are going to use a passage of Lorem Ipsum, you need to be sure there isn't anything embarrassing hidden in the middle of text.

Test name February 19, 2016

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Test name February 19, 2016Reply

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Leave a Comment