Sintex Plastic Technology Limited

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?

 

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

 

Any idea about the listing date and listing price?

 

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

 

ok thanks

 

Any idea when SPTL will be listed?

 

Sintex Plastic listing will be on Monday, 24th July

 

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.

 

Any idea about the listing price?

 

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.

 

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.

 

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

 

We should buy first day show

 

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.

 

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.

 

Hi. It is good to be back after a while. Sintex Industries appears to merit a deeper study because :

1. They are moving to high end yarn which has good margins.
2. Their interest on Capex is not more than 2% because of special rates from Gujarat
3. They are very near Pipanav port and exports form a reasonable chuck of their revenues
4. They are based in Gujarat which is the cotton heart land and their primary input
5. They will have the highest number of spindle capacity in the country very shortly.
6. Spindle age is a key factor affecting productivity and cost. These will be lower than for Vardhaman.

 

When sintex plastic lists...? And expected price ..? Can anyone plz tell me the same

 

Intaha ho gai, intazaar ki
Aai na kuchh khabar, listing ki
Ye hamen hai yaqeen, blacklisted vo nahin
Phir vajah kya hui, intazaar ki, intaha ho...

 

Any idea why it is going down?
I was expecting atleast a price of 150/-