Random Thoughts

Growing things 3

Century Textiles

This story has got two very strong drivers : robust growth in cement sector and realty development plans of the company.

Century Textiles is one of those very few companies with a connection to realty boom, which also have very sound basic operations.Its cement business is doing well and will continue to do well. also, the company is going to develop its land at one of the hot spots in Mumbai. I don't know, how much beneficial that will be to the company but it adds to the fizz given the realty boom. Moreover, some sources in the market predict a nose dive in the realty market in about three months or so!

Go for it if yu are ready to accept a compay with good basic operations even if the realty part ceases to remain lucrative.

Labels: Money matters

posted by Ranjit @ 2/01/2007 10:56:00 pm