Research report from Motilal Oswal:
Buy Sintex ; CMP Rs 101; Target price of Rs 145 Sintex’s business model is strongly connected with macro-outlook and boost in government spending. The company will be a major beneficiary from government’s strong focus on wide range of infrastructure and social improvement plans viz. education, healthcare, sanitation, housing etc.We believe the best is yet to come for the company, but delay in broad based recovery cycle in B2G projects remains elusive….
Sintex Industries is a good bet
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