Century Textiles & Industries Ltd share Price Today

Century Textiles & Industries Ltd. is a textile and paper manufacturing and export company. The primary activity is manufacturing yarn, cotton textiles, tire cords, sulphuric acid, denim, caustic soda, pulp, paper, salt, and viscose filament rayon yarn. It was founded in 1897, with its headquarters in Mumbai. During FY 2021-2022, the company recorded a total revenue of Rs 4,174 crore, with a total revenue growth of 55.85% from the previous financial year, 2020-2021. On 19 October 2022, Century Textiles & Industries Ltd.’s market capitalisation was worth Rs 9,113 crore.

The company is listed on the Bombay Stock Exchange with the code 500040, and on the National Stock Exchange with the code CENTURYTEX.

Century Textiles and Industries Ltd. started with a single-unit textile entity. It has transformed into a commercial powerhouse with operations in varied industries. The company has a substantial dominance in the international textile markets and exports its products to over 45 countries worldwide.

On 30 June 2022, the company’s shareholding pattern highlighted a promoter stake of 50.21%, a DII stake of 15.53%, an FII stake of 7.87%, and a public stake of 26.38%. Pilani Investment and Industries Corporation Ltd. is the leading promoter with a 33.11% share. In the June 2022 quarter, mutual funds holdings increased from 13.76% to 13.87%, and FII holdings increased from 7.32% to 7.87%.

The company’s management team includes Mr Kumar Mangalam Birla, Smt Rajashree Birla, Mr R K Dalmia, Mr Shohanlal K Jain, Mr Rajan A Dalal, Ms Preeti Vyas, and Mr Yazdi P Dandiwala. The auditors are SRBC & Co LLP. As of 30 June 2022, the company had a total of 11.17 crore shares outstanding.

On 19 October 2022, the company’s closing share price on BSE was Rs 815.60 and Rs 815.90 on NSE. The 52-week high price for Century Textiles and Industries Ltd.’s share was Rs 1,024, and the 52-week low price was Rs 685.70.

The company’s peers include ITC Ltd., Reliance Industries Partly Paid Up, SRF Ltd., and Grasim Industries Ltd.

As of September 2022, Taurus Infrastructure Fund had a 2.11% stake in the company, while Kotak Credit Risk Fund and Nippon India Liquid Fund had 1.63% and 0.48% stakes, respectively.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Century Textiles & Industries share price as on 30 Jun 2024 is Rs. 2315.45. Over the past 6 months, the Century Textiles & Industries share price has increased by 88.13% and in the last one year, it has increased by 189.49%. The 52-week low for Century Textiles & Industries share price was Rs. 802.15 and 52-week high was Rs. 2396.6.