12,080.85-45.05
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Century Textiles, price target Rs 573: CK Narayan

The analyst suggested a stoploss at Rs 556.

ETMarkets.com|
Last Updated: Jan 22, 2020, 09.04 AM IST
0Comments
Shutterstock.com
shutterstock_1318789793
Century Textiles & Industries Ltd., incorporated in the year 1897, is a Mid Cap company (having a market cap of Rs 6009.79 Crore) operating in Cement sector.
CK Narayan of Chart Advise has a buy call on Century Textiles & Industries Ltd. with a target price of Rs 573.0 . The current price of Century Textiles & Industries Ltd. is Rs 559.6 . CK Narayan recommended to keep a stoploss at Rs 556 .

Century Textiles & Industries Ltd., incorporated in the year 1897, is a Mid Cap company (having a market cap of Rs 6009.79 Crore) operating in Cement sector.

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 31-12-2019, the company has a total of 111,695,680 shares outstanding.

Also Read

Buy Colgate-Palmolive, price target Rs 1,375: CK Narayan

Buy HDFC, price target Rs 2,424: CK Narayan

Buy PVR, price target Rs 2,120: CK Narayan

Buy Escorts, price target Rs 915: CK Narayan

Sell Just Dial, price target Rs 478: CK Narayan

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service