Here are the earnings from major companies announced after market hours on April 24.

Mahindra Logistics Q4 Results Misses Estimates, Century Textiles Profit Rises — Earnings Wrap

Tata Teleservices, Century Textiles & Industries, Tamilnad Mercantile Bank, Mahindra Logistics, IIFL Securities, Nelco, and Kshitij Investment are other companies that will declare Q4 results today

IndusInd Bank to Persistent Systems: Q4 results to watch out for today

Birla Estates, the real estate arm of Century Textiles and Industries, has entered the Pune residential real estate market by acquiring 5.76 acres of land in Sangamwadi, a central business district in the city.

Birla Estates forays into Pune, acquires 5.76-acre land parcel

Grasim Industries, the flagship company of Aditya Birla, has acquired leasehold rights to approximately 220 acres of land from Century Textiles and Industries for INR 254.70 crore.

Grasim Industries buys leasehold rights of 220 acres land parcel to set up manufacturing units

Infosys, HCL Technologies, Den Networks, Cyient, DRC Systems, Hindustan Unilever, SBI, Route Mobile, Century Textiles, 360 One WAM, Stove Kraft, DB Realty, Anand Rathi, RailTel Corporation

Stocks that will see action on January 12, 2023

Board of Century Textiles & Industries to consider NCD issuance up to Rs 400 cr

With a market worth of ₹7,796.36 Cr, Century Textiles Industries Ltd. is a mid-size business that operates in the commodities industry.

Trading 31% below 52-week-high, textile stock to raise ₹400 Cr via NCDs

Century Textiles’ total income for Q2 from operations rose to Rs 1,242.11 crore from Rs 1,034.27 crore in the corresponding period of the previous year.

Century Textiles Q2 profit rises 59 percent to Rs 70 crore

Century Textiles & Industries rallied 3.33% to Rs 841.20 after the company’s consolidated net profit (from continuing operations) zoomed 117.84% to Rs 69.97 crore as against Rs 32.12 crore recorded in Q2 FY22.

Century Textiles gains after Q2 PAT soars 118% YoY to Rs 70 cr

The company’s overall operating income increased to Rs1,242.11 crore from Rs1,034.27 crore.

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

The company is into textiles, pulp and paper and realty businesses

Century Textiles Q2 profit rises 59% to Rs 70 cr, total income jumps

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Century Textiles and Industries Limited is engaged in the business of textiles, rayon, cement, and pulp and paper. 