Equity / Stocks - Sintex Industries Ltd in MARKETS - CMP: 190
Sintex Industries Limited is a diversified manufacturing and engineering company. The Group, through its numerous divisions, manufactures a ...
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05-30-2011 11:50 PM
Sintex Industries Ltd
CMP: 190
Sintex Industries Limited is a diversified manufacturing and engineering company. The Group, through its numerous divisions, manufactures a variety of textile products, plastics containers, and organic chemicals.
Sintex is an excellent brand and fundamentally strong. Revenues and PAT have grown strongly and consistently without dropping once in the last 5 years. The bottom line has grown almost 3 fold in the last 5 years. Liabilities are on the higher side, but the brand value holds strong. There's a good spike in Revenues in the recent quarter and the stock is bullish on the chart. Buy, accumulate on dips and hold for long term appreciation.
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