Sintex Plastic Technology Limited

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by shubham, Jun 11, 2017.

  1. shubham

    shubham Member

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    Hi friends I have been holding Sintex Industries Ltd (500 shares) since 1 year and I have earned only a meager return. Now sintex plastic is going to list in near future, shall i add more quantity by buying first day first show of its listing?
     
  2. Ravinder Singh Brar

    Ravinder Singh Brar New Member

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    think u should,sintex is a big name in plastic business,most of sintex's earnings come from plastic business,thats why company separate it....buy sintex plastic for long term n have patience
     
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  3. shubham

    shubham Member

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    Any idea about the listing date and listing price?
     
  4. Ravinder Singh Brar

    Ravinder Singh Brar New Member

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    Sintex Plastic shud get listed somewhere in June,acc. to company...
     
  5. shubham

    shubham Member

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    ok thanks
     
  6. shubham

    shubham Member

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    Any idea when SPTL will be listed?
     
  7. Gautam

    Gautam Member

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    Sintex Plastic listing will be on Monday, 24th July
     
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  8. Kritesh Abhishek

    Kritesh Abhishek New Member

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    I agree that you can buy stocks of Sintex plastics. Sintex is a common name in India and a major part of its revenue come from the plastics. Sintex plastics tech ltd will surely give good returns in long term. I hope the answer is useful.
     
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  9. shubham

    shubham Member

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    Any idea about the listing price?
     
  10. shakti khanduri

    shakti khanduri Active Member

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    But the relevant question is who does not know it?what I mean is positivity will get factored in at the time of listing.In stock market one makes money on what is not in the price.
     
    Last edited: Jul 20, 2017 at 11:32 AM
  11. Ravikumar

    Ravikumar Active Member

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    Sintex Industries and Sintex Plastics are both good play for both short and long term. There will be definite value unlocking and Sintex plastics should list above 100. Both the businesses are separated and hence it will be good for both companies.
     
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  12. Gautam

    Gautam Member

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    I think it should be listed around 100-120. I won't be surprised if it trades around 180-200 after few days.
     
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  13. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    We should buy first day show :)
     
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  14. Fun_Da_Mentalist

    Fun_Da_Mentalist Active Member

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    Good afternoon. Sintex Industries appears to be a very interesting long term story as well. I wonder if members have done some research they could share about this. Prima facie, it appears exciting. It has technological advantages, cost advantages, policy advantages.
     
  15. shakti khanduri

    shakti khanduri Active Member

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    Nice to see you again active,in this forum. Can you elaborate your opinion on Sintex.I am sure, you also mean it has strong brand also.
     
    Last edited: Jul 24, 2017 at 1:34 PM
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