Century Textiles & Industries Ltd's Stock Reaches All-Time High, Outperforms Market

May 24 2024 11:30 AM IST
share
Share Via
Century Textiles & Industries Ltd, a leading diversified company in the largecap industry, has been making headlines with its impressive stock performance. On May 24, 2024, the stock reached an all-time high, currently trading close to its 52-week high of Rs 2212.95. The company has shown a trend reversal and is trading higher than its moving averages, showcasing its strong performance and potential for growth.

Century Textiles & Industries Ltd, a leading diversified company in the largecap industry, has been making headlines recently with its impressive stock performance. On May 24, 2024, the company's stock price reached an all-time high, showcasing its strong growth and potential in the market.

According to MarketsMOJO, a leading stock analysis platform, Century Textiles & Industries Ltd's stock is a 'Buy' call, indicating positive sentiment and potential for further growth. The stock is currently trading close to its 52-week high of Rs 2212.95, with a performance today that has outperformed the sector by 1.99%. This is a clear indication of the company's strong performance and its ability to stand out in the market.

In addition, the stock has shown a trend reversal after three consecutive days of fall, gaining momentum and reaching an intraday high of Rs 2201.6, a 3.15% increase. This is a positive sign for investors and shows the company's resilience in the face of market fluctuations.

Moreover, Century Textiles & Industries Ltd's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance and potential for growth.

In comparison to the Sensex, the company's stock has shown an impressive 1-year performance of 176.58%, while the Sensex has only grown by 22.12%. This showcases Century Textiles & Industries Ltd's ability to outperform the market and deliver strong returns for its investors.

With its diversified business and strong performance, Century Textiles & Industries Ltd is definitely a company to watch out for in the largecap industry. Its consistent growth and positive outlook make it a promising investment opportunity for those looking to add a strong player to their portfolio.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News