iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Century Textiles and Industries' stock surges ~5% owing to robust Q2FY23 numbers

27 Oct 2022 , 01:23 PM

Century Textiles and Industries Limited posted a 59.38% yoy rise in consolidated net profit at Rs69.97 crore for the quarter ended September 30, 2022, against a net profit of Rs43.90 crore in Q2FY22.

The company’s overall operating income increased to Rs1,242.11 crore from Rs1,034.27 crore in the previous year’s similar quarter. Total costs increased to Rs1,125.25 crore from Rs972.08 crore.

The company is engaged in textiles, pulp and paper, and real estate.

At around 1.16 PM, Century Textiles and Industries was trading at Rs851.75 up by 4.62% from its previous closing of Rs814.10 on the BSE. The scrip touched intraday high and low of Rs857.20 and Rs835.55 respectively.

According to Trendlyne data, the stock’s maximum target goes upto Rs 1130, representing an upside potential of about 38.8% from current pricing.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • BirlaEstate
  • Century Textiles News
  • Century Textiles Real Estate
  • Century Textiles Stock
  • Century Textiles Updates
  • CenturyTextileLandAcquisition
  • CenturyTextiles
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Dollar steady, Yen weakens
24 Jun 2024|10:36 AM
Oil prices slips

Oil prices slips

Whatsapp
Facebook
Twitter
LinkedIn
24 Jun 2024|10:13 AM
Gold prices rise

Gold prices rise

Whatsapp
Facebook
Twitter
LinkedIn
24 Jun 2024|09:54 AM
Top 10 stocks for today – 24th June 2024
24 Jun 2024|09:19 AM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.