Buy Century Textiles & Industries, target Rs 1,475: Manas Jaiswal
ETMarkets.com|
Nov 06, 2017, 08.47 AM IST
Manas Jaiswal of manasjaiswal.com has a buy call on Century Textiles & Industries with a target price of Rs 1,475.
The current market price of Century Textiles & Industries is Rs 1,413.75.
Time period given by the analyst is intraday when Century Textiles & Industries price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 1,380.
Century Textiles & Industries, incorporated in the year 1897, is a Large Cap company (having a market cap of Rs 15,790.98 Crore) operating in Miscellaneous sector.
Century Textiles & Industries key Products/Revenue Segments include Cement & Clinker which contributed Rs 4,323.93 Crore to Sales Value (49.96 per cent of Total Sales), Pulp, Paper & Board which contributed Rs 2084.00 Crore to Sales Value (24.08 per cent of Total Sales), Yarn (Rayon) which contributed Rs 759.07 Crore to Sales Value (8.77 per cent of Total Sales), Cotton Fabric which contributed Rs 553.60 Crore to Sales Value (6.39 per cent of Total Sales), Other Operating Revenue which contributed Rs 203.56 Crore to Sales Value (2.35 per cent of Total Sales), Others which contributed Rs 165.43 Crore to Sales Value (1.91 per cent of Total Sales), Cloths (Denim) which contributed Rs 164.27 Crore to Sales Value (1.89 per cent of Total Sales), Tyre Yarns/Fabrics which contributed Rs 159.01 Crore to Sales Value (1.83 per cent of Total Sales), Cotton Yarn which contributed Rs 107.65 Crore to Sales Value (1.24 per cent of Total Sales), Lease Rentals which contributed Rs 96.42 Crore to Sales Value (1.11 per cent of Total Sales), Export Incentives which contributed Rs 20.26 Crore to Sales Value (0.23 per cent of Total Sales), Scrap which contributed Rs 16.33 Crore to Sales Value (0.18 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Mr.B K Birla, Mr.D K Agrawal, Mr.Kumar Mangalam Birla, Mr.Pradip Kumar Daga, Mr.Rajan A Dalal, Mr.Sohanlal K Jain, Mr.Yazdi P Dandiwala, Mrs.Rajashree Birla.
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 111,695,680 shares outstanding.
The current market price of Century Textiles & Industries is Rs 1,413.75.
Time period given by the analyst is intraday when Century Textiles & Industries price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 1,380.
Century Textiles & Industries, incorporated in the year 1897, is a Large Cap company (having a market cap of Rs 15,790.98 Crore) operating in Miscellaneous sector.
Century Textiles & Industries key Products/Revenue Segments include Cement & Clinker which contributed Rs 4,323.93 Crore to Sales Value (49.96 per cent of Total Sales), Pulp, Paper & Board which contributed Rs 2084.00 Crore to Sales Value (24.08 per cent of Total Sales), Yarn (Rayon) which contributed Rs 759.07 Crore to Sales Value (8.77 per cent of Total Sales), Cotton Fabric which contributed Rs 553.60 Crore to Sales Value (6.39 per cent of Total Sales), Other Operating Revenue which contributed Rs 203.56 Crore to Sales Value (2.35 per cent of Total Sales), Others which contributed Rs 165.43 Crore to Sales Value (1.91 per cent of Total Sales), Cloths (Denim) which contributed Rs 164.27 Crore to Sales Value (1.89 per cent of Total Sales), Tyre Yarns/Fabrics which contributed Rs 159.01 Crore to Sales Value (1.83 per cent of Total Sales), Cotton Yarn which contributed Rs 107.65 Crore to Sales Value (1.24 per cent of Total Sales), Lease Rentals which contributed Rs 96.42 Crore to Sales Value (1.11 per cent of Total Sales), Export Incentives which contributed Rs 20.26 Crore to Sales Value (0.23 per cent of Total Sales), Scrap which contributed Rs 16.33 Crore to Sales Value (0.18 per cent of Total Sales)for the year ending 31-Mar-2017.
The company's top management includes Mr.B K Birla, Mr.D K Agrawal, Mr.Kumar Mangalam Birla, Mr.Pradip Kumar Daga, Mr.Rajan A Dalal, Mr.Sohanlal K Jain, Mr.Yazdi P Dandiwala, Mrs.Rajashree Birla.
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 111,695,680 shares outstanding.
