Trending stocks: Century Textiles shares down nearly 1%

NEW DELHI: Shares of Century Textiles & Industries Ltd. traded 0.61 per cent down in Wednesday's trade at 12:23PM (IST). Around 67,988 shares changed hands on the counter.

The stock opened at Rs 302.7 and touched an intraday high and low of Rs 303.8 and Rs 296.1, respectively, in the session so far. The stock of Century Textiles & Industries Ltd. quoted a 52-week high of Rs 657.0 and a 52-week low of Rs 220.1.

Total market cap of the Century Textiles & Industries Ltd. stood at Rs 3370.98 crore at the time of writing this report.


Key Financials
The company reported consolidated sales of Rs 393.86 crore for the quarter ended 30-Jun-2020, down 48.85 per cent from previous quarter's Rs 770.03 crore and down 53.97 per cent from the year-ago quarter's Rs 855.64 crore.

Shareholding pattern
As of 30-Jun-2020, DIIs held 8.93 per cent stake in the firm, while foreign institutional investors held 14.29 per cent and the promoters 50.21 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 12.93 and a price-to-book ratio of 0.93. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Century Textiles & Industries Ltd. belongs to the Cement - North industry.