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Century Textiles Ultratech Cement

Century Textiles zooms 30% in 2 months post demerger of cement division

The firm said that post demerger, its debt/EBITDA ratio is at a healthy 1.85, paving way for further growth in the businesses.

Century Textiles zooms 30% in 2 months post demerger of cement division
Updated On : 09 Dec 2019 | 12:01 PM IST

Century Textiles falls 12% on demerger of cement biz into UltraTech Cement

The stock declined 12% to Rs 935, also its 52-week low on the BSE in intra-day trade, after the company said its board approved demerger of cement biz into UltraTech Cement through a share-swap deal.

Century Textiles falls 12% on demerger of cement biz into UltraTech Cement
Updated On : 21 May 2018 | 11:12 AM IST