Anlysis For Investment And Trading Ideas For Sintex Industries
Sintex Industries was incorporated at Kalol,North Gujarat in
year 1931 to manufacture textile goods.The company entered in
manufacturing of Plastic large size containers in the year 1975.Later
on entered into manufacturing of organic intermediate chemicals etc at
Olpad near Surat in Gujarat.In year 1989 its plastic division offered
technical collaboration for plastic molded products to RCC Industries
Ltd,Singapore.Textile Division of the company diversified its product
range into 100% highly sophisticated cotton export varieties both in
prints and shirting's in the year 1992. Sintex received Amity Corporate
Excellence Award for "Highest Focus on Safety And Quality" in the year
2011.
Sintex Industries was suffering with high debts which was
taken for expansion of business in Plastic and allied products. Sintex
management had reduced the debts very sharply and its business prospects
are also looking very nice as demand of its products are rising due to
improvement in the Indian Industry and Indian Economy which indicates
more better days for this company.
The rates of Crude oil is coming down which will lead to improvement of its bottom line as well as its top line. secondly, NDA Government is focusing very hard on " Swatch Bharat Abhiyan " which will also helpful to Sintex Industries Ltd For improving its Sales and Profit in coming days.
The rates of Crude oil is coming down which will lead to improvement of its bottom line as well as its top line. secondly, NDA Government is focusing very hard on " Swatch Bharat Abhiyan " which will also helpful to Sintex Industries Ltd For improving its Sales and Profit in coming days.
Investment and trading Strategy
We are very optimistic for coming time . Sintex Industries
share touched yearly high at 136 Level and yearly low at 68 Level. Its
touched lower at 72 level in recent correction ( In Jan'16 ) at
Indian Share Market due to negative news flow from Chinese Economy and other Global Economic Issues . Sintex
Industries Share closed at 79.05 on 29th January'16 at BSE ( Indian
Share Market ) so its a appropriate time to make Investmet / Trade
Sintex Industries for Short Term Trading and Long Term Investment now.
(1) For Short Term : Buy at 72 for target of 91 with strict Stop Loss at 65.
(2) For Long Term : Buy at 68 for target of 140 with Strict Stop Loss at 62.
Have a NICE Profitable Investing and Trading.
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