Century Textiles hits record high after buying Rs 1,100-cr land in Mumbai

Shares of Century Textiles & Industries, an Indian textile and paper manufacturing company that is a part of the Aditya Birla Group, clocked an all-time high of Rs 2,648.85 per share on the BSE, on Wednesday.

The stock extended its rally for the second consecutive day and climbed 6.7 per cent intraday after it acquired the ownership rights in its leasehold land parcel in Worli, Mumbai.

"Century Textiles and Industries Limited (CTIL) has acquired the ownership rights of approx. 10-acre leasehold land parcel in Worli, Mumbai from Mr. Nusli Wadia," the filing read.