Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Century Textiles and Industries reported a 78% jump in net income at Rs 63 crore, driven by robust sales in the first quarter. The company, which is primarily into textiles, pulp and paper products and realty, said its sales grew to Rs 1,170 crore, a growth of 41% compared to the year-ago period. The company attributed the strong numbers to the high operational efficiency and improved market demand. The pulp and paper business has performed exceptionally well during the reporting quarter, especially with increased demand in the paper and tissue segment, it said. Catch Snehal Shah, CFO, Century Textiles and Industries on ET NOW for more details.
Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Pushed via Slike

Robust Sales For Century Textiles | Impact Of Single-Use Plastic Ban | Snehal Shah

The company’s Managing Director J C Laddha attributed the strong numbers to the high operational efficiency and improved market demand. The pulp and paper business has performed exceptionally well during the reporting quarter, especially with increased demand in the paper and tissue segment, he said…

Century Textiles & Industries Q1 Results: Net income jumps 78% YoY to Rs 63 crore

The company, which is primarily into textiles, pulp and paper products and realty, said its sales grew to Rs 1,170 crore, a growth of 41 per cent compared to the year-ago period.

Century Textiles reports 78% jump in net income at Rs 63 crore in Q1

The company’s Managing Director J C Laddha attributed the strong numbers to the high operational efficiency and improved market demand.

Century Textiles Q1 net profit jumps 78% to Rs 63 cr on robust sales

Century Textiles & Industries consolidated net profit rises 123.66% in the June 2022 quarter

Century Textiles & Industries standalone net profit rises 75.54% in the June 2022 quarter

Axis Bank, Tata Steel, Tech Mahindra, Macrotech Developers, Canara Bank, Glaxo, KPIT Tech, Tanla Platforms, IEX, Century Textiles, Anupam Rasayan, Tejas Networks.

Q1 results this week: Tata Group companies, HDFC, Maruti Suzuki among top stocks to track

Indian equity benchmarks BSE Sensex and NSE Nifty50 started Monday's session in the red dragged by IT shares, tracking a largely negative trend in other Asian markets. Gains in oil & gas and financial shares, however, kept the downside in headline indices in check.
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Century Textiles: Expansion On The Cards | RK Dalmia Explains | Business and Market Latest Update

We take a look at Timken India, Century Textiles and Welspun Corp

Why did these 3 stocks buck the market

Its board declared a dividend of Rs 4 per share. The companys stock closed 0.82% higher at Rs 886.4 on the BSE on Monday.

Century Textiles reports Rs 84-crore Q4 profit as pulp and paper business revenues soar

​​For the full financial year, the company which is into textiles, pulp and paper and realty businesses, booked Rs 200 crore in net income, up four-fold from Rs 50 crore in the pandemic-ravaged FY21.

Century Textiles back in black with Rs 84 cr net income in Q4

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

Century Textile and Industries Ltd

Century Textile and Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Robust Sales For Century Textiles | Impact Of Single-Use Plastic Ban | Snehal Shah

Century Textiles & Industries Q1 Results: Net income jumps 78% YoY to Rs 63 crore

Century Textiles reports 78% jump in net income at Rs 63 crore in Q1

Century Textiles Q1 net profit jumps 78% to Rs 63 cr on robust sales

Century Textiles & Industries consolidated net profit rises 123.66% in the June 2022 quarter

Century Textiles & Industries standalone net profit rises 75.54% in the June 2022 quarter

Q1 results this week: Tata Group companies, HDFC, Maruti Suzuki among top stocks to track

Century Textile and Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Robust Sales For Century Textiles | Impact Of Single-Use Plastic Ban | Snehal Shah

Century Textiles & Industries Q1 Results: Net income jumps 78% YoY to Rs 63 crore

Century Textiles reports 78% jump in net income at Rs 63 crore in Q1

Century Textiles Q1 net profit jumps 78% to Rs 63 cr on robust sales

Century Textiles & Industries consolidated net profit rises 123.66% in the June 2022 quarter

Century Textiles & Industries standalone net profit rises 75.54% in the June 2022 quarter

Q1 results this week: Tata Group companies, HDFC, Maruti Suzuki among top stocks to track

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock