Century Textiles & Industries surges on raising Rs 400 crore through NCDs
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Century Textiles & Industries is currently trading at Rs. 692.50, up by 23.40 points or 3.50% from its previous closing of Rs. 669.10 on the BSE.
The scrip opened at Rs. 679.40 and has touched a high and low of Rs. 697.20 and Rs. 664.05 respectively. So far 8359 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 949.00 on 12-Apr-2022 and a 52 week low of Rs. 653.65 on 30-Jan-2023.
Last one week high and low of the scrip stood at Rs. 700.70 and Rs. 653.65 respectively. The current market cap of the company is Rs. 7583.02 crore.
The promoters holding in the company stood at 50.21%, while Institutions and Non-Institutions held 23.78% and 26.01% respectively.
Century Textiles & Industries has raised Rs 400 crore through the allotment of 40,000, 7.97% Unsecured, Listed, Rated, Redeemable, Non-Convertible Debenture (NCDs) of the face value of Rs 1,00,000 each on private placement basis. The Finance Committee of the Board of Directors of the Company, at its meeting held on January 30, 2023, has approved the allotment of the same.
Century Textiles & Industries is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.
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