Buy Century Textiles & Industries, target price Rs 875: IIFL

IIFL has buy call on Century Textiles & Industries with a target price of Rs 875. The current market price of Century Textiles & Industries is Rs 825.9.

Time period given by analyst is Intra Day when Century Textiles & Industries Ltd. price can reach defined target.
Century Textiles & Industries Ltd., incorporated in the year 1897, is a Mid Cap company (having a market cap of Rs 9238.35 Crore) operating in Cement sector.


Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 851.97 Crore, up .86 % from last quarter Total Income of Rs 844.68 Crore and up 107.93 % from last year same quarter Total Income of Rs 409.74 Crore. Company reported net profit after tax of Rs 21.21 Crore in latest quarter.

Investment Rationale
Stock has given a flag pattern breakout the daily chart.