Hidden GEM : Sintex Industries Ltd

                            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. 

                                                         Investment and trading Strategy 

       

            We are very optimistic for coming time . Sintex Industries share touched  yearly high at 121.70 Level and yearly low at 63.50 Level before implication of demerger scheme.

Its touched lower level at Rs 17.80 at BSE On 24th May '2017 and touched Intraday High at Rs 33.10 before trading closed at Rs 25.80 after the company fixed record date 26th May'2017 for this scheme. Shareholders of Sintex Industries 1 Share of Sintex Plastic Technology Ltd for every Share held ( As on record date ) in Sintex Industries Ltd .

Shares of Sintex Plastic Technology Ltd will be listed separately at Indian Stock Exchanges ( BSE & NSE ) .

  So its a appropriate time to make Investment / Trade Sintex Industries for Short Term Trading and Long Term Investment now.

(1) For Short Term   :  Buy at 26 for target of  34 / 35 with strict Stop Loss at 23 .

(2) For Long Term   :  Buy at 21 for target of  61 / 62 with Strict Stop Loss at 17 .

Have a NICE Profitable Investing and Trading.