Century Extrusions hits 20% circuit, up 60% in 7 days
Shares of Kolkata-based Century Extrusions were locked at 20 per cent upper circuit in early trade on Tuesday.
By INDIATIMES NEWS NETWORK |
MUMBAI: Shares of Kolkata-based Century Extrusions were locked at 20 per cent upper circuit in early trade on Tuesday.
At 11:01 am, the share was at Rs 6.40, up Rs 1.06 on volume of 3,31,601 shares against two-week average of 94,042 shares. The stock has gained 62.03 per cent in past one week.
On Oct 30, the company approved setting up of a project for manufacture of hardware for power transmission and distribution lines.
Century Extrusions manufactures aluminium extrusions and has installed capacity is 7,500 metric tonne per annum. Its products are used in applications such as architecture and hardware, road transport vehicles, railways, electrical and electronic applications, engineering applications, auto sector, consumer durables, defence applications and irrigation.
The company’s net profit for quarter ended September 30 stood at Rs 56.8 lakh against Rs 54.2 lakh. Net sales rose to Rs 24.7 crore from Rs 26.5 crore a year ago.
At 11:01 am, the share was at Rs 6.40, up Rs 1.06 on volume of 3,31,601 shares against two-week average of 94,042 shares. The stock has gained 62.03 per cent in past one week.
On Oct 30, the company approved setting up of a project for manufacture of hardware for power transmission and distribution lines.
Century Extrusions manufactures aluminium extrusions and has installed capacity is 7,500 metric tonne per annum. Its products are used in applications such as architecture and hardware, road transport vehicles, railways, electrical and electronic applications, engineering applications, auto sector, consumer durables, defence applications and irrigation.
The company’s net profit for quarter ended September 30 stood at Rs 56.8 lakh against Rs 54.2 lakh. Net sales rose to Rs 24.7 crore from Rs 26.5 crore a year ago.
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