Century Textiles & Industries Ltd sees 3.81% stock price increase, hits new 52-week high

Sep 11 2024 09:35 AM IST
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On September 11, 2024, Century Textiles & Industries Ltd's stock price rose by 3.81%, in line with its overall performance. The company also hit a new 52-week and all-time high, outperforming the sector by 3.17%. It is currently trading higher than its moving averages and has outperformed the Sensex in the past month. With its diversified business and largecap size, the company remains a strong player in the industry.

Century Textiles & Industries Ltd, a leading diversified company in the largecap industry, saw a 3.81% increase in its stock price on September 11, 2024. This rise was in line with the overall performance of the company, which has been gaining for the past two days and has seen an 8.88% increase in returns during this period.

The stock of Century Textiles & Industries Ltd hit a new 52-week and all-time high of Rs. 2571 on the same day, outperforming the sector by 3.17%. It also touched an intraday high of Rs. 2571, showing a 3.57% increase.

In terms of moving averages, Century Textiles & Industries Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

Compared to the performance of the Sensex, Century Textiles & Industries Ltd has outperformed with a 1-day performance of 4.35% versus the Sensex's -0.10%. In the past month, the company's stock has seen a 18.38% increase, while the Sensex has only seen a 2.68% increase.

Overall, Century Textiles & Industries Ltd has shown strong performance in the past few days and continues to maintain a positive trend. With its diversified business and largecap size, the company remains a strong player in the industry.
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