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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 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.
