Sintex Industries ( Demerged Textiles Entity)_ Fairly priced stock

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Jul 31, 2017.

  1. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    1,015
    Likes Received:
    729
    Demerged Textile Entity which at the time of listing around 20 was under priced but now it is fairly priced( rather slightly over priced) after 50% run up to 37 . Company is under expansion with lot of debt although at competitive rates .Although company can not be compared with Sector leader Vardhman Textiles as of now ,but this stock can be accumulated only at sharp declines only for atleast 3 years or even more.This is my view for discussion and is no recommendation for buying.
     
    Last edited: Sep 11, 2017
  2. Ravikumar

    Ravikumar Active Member

    Joined:
    Nov 3, 2015
    Messages:
    195
    Likes Received:
    82
    Excellent results by Sintex today....stock up 4.5%
     
    kharb likes this.
  3. Kritesh Abhishek

    Kritesh Abhishek Member

    Joined:
    Jul 7, 2017
    Messages:
    96
    Likes Received:
    35
    I agree. I bought the sintex stocks at around Rs 29. Currently it looks fairly priced. Watitng for the sintex plastics now.
     
  4. Ravikumar

    Ravikumar Active Member

    Joined:
    Nov 3, 2015
    Messages:
    195
    Likes Received:
    82
    Sintex Plastics listed today. I see profit booking on day 1. This is a very good company and should go up may be after a week when stock changes hands.
     
  5. Capt.Sumit

    Capt.Sumit New Member

    Joined:
    Sep 20, 2017
    Messages:
    5
    Likes Received:
    3
    Good day Gentlemen..
    Now its been few months for Sintex plastics on the exchange...
    Any views on the CMP, is it looking reasonable now...
    Thanks
    Long term safe investor
     
    kharb likes this.
  6. pksbravo

    pksbravo Member

    Joined:
    Jan 5, 2016
    Messages:
    31
    Likes Received:
    13
    Non-confirmed news received that
    Promoters brought heavy quantity yesterday .
     
    Capt.Sumit likes this.
Loading...