According to the report, the company that has carved its space in the textile and paper manufacturing arena will push out projects worth a mammoth Rs 12,000 crore in the time to come. The focus here would be on residential projects. The company intends to do this by FY25.

Mumbai: Century Textiles To Launch Real Estate Projects Worth ₹12,000 Crore In Mumbai Metropolitan Region And Delhi, Says Report

Century Textiles and Industries reported a net profit of ₹7.8 crore in the June quarter compared to a loss a year ago, while revenue from operations rose over 28% to ₹1,140 crore.

Century Textiles Q1: Soars ₹7.8 Cr profit & secures land parcel worth ₹1,140 cr

Century Textiles and Industries reported 47.1% decline in consolidated net profit (continuing operations) to Rs 27.94 crore in Q1 FY25 as compared with Rs 52.82 crore in Q1 FY24.

Spotlight

Century Textiles Q1 PAT drops 47% YoY to Rs 28 cr

Century Textiles & Industries reports consolidated net profit of Rs 7.78 crore in the June 2024 quarter

Century Textiles and Industries jumped 4.87% to Rs 2202.90 after the company said that its wholly owned subsidiary Birla Estates has acquired a 5-acre land parcel in Sector 71, Gurugram.

Century Textiles surges after real estate arm acquires land parcel in Gurugram

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Century Textiles and Industries informed that its board is scheduled to meet on 16 July 2024, to consider the proposal of raising of funds up to Rs 1,000 crore in one or more tranches

Century Textiles board to mull fund raising on Jul 16

Shares of Century Textiles soared up to 5.9 per cent at Rs 2,347 per share on the BSE in Monday’s intraday deals

Century Textiles shares gain 6% after acquiring residential land in Pune

Hindalco further said it will receive Rs 595 crore in multiple tranches over a period of time. Birla Estates Private Limited, a wholly-owned subsidiary of Century Textiles and Industries Limited, is the buyer and not a part of the promoter/promoter group/group companies, as defined under the Securit…

Hindalco Industries board approves proposal to sell land for Rs 595 crore

The stocks were allocated under the Century Textiles and Industries Employee Stock Option Scheme 2023. The scheme is implemented through the CTIL Employee Welfare Trust.

Century Textiles And Industries Allotts 12.02 Stock Options To Employees

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Aditya Birla Real Estate Ltd. develops residential, commercial, and mixed-use properties, focusing on various markets through outright purchases and joint ventures.