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Aug 01, 2012, 06.08 PM IST
Century Textiles and Industries has reported a net profit of Rs 2.4 crore in the quarter ended June 2012 as against loss of Rs 23.9 crore in the previous quarter and profit of Rs 23.9 crore in a year ago period.
Net sales increased 18% year-on-year to Rs 1,372.5 crore from Rs 1,164 crore. The stock gained as much as 7% to touch an intraday high of Rs 311 on Wednesday, before closing at Rs 307.75 with a gain of 6%.. Even trading volumes spiked 1140% to 10,96,843 equity shares as compared to its 5-day average of 88,462 shares.
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