Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Sintex Industries is currently trading at Rs. 89.00, up by 2.55 points or 2.95% from its previous closing of Rs. 86.45 on the BSE.
The scrip opened at Rs. 87.20 and has touched a high and low of Rs. 90.35 and Rs. 87.20 respectively. So far 274436 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 107.45 on 10-Jun-2014 and a 52 week low of Rs. 16.90 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 97.20 and Rs. 85.25 respectively. The current market cap of the company is Rs. 2943.96 crore.
The promoters holding in the company stood at 43.84% while Institutions and Non-Institutions held 24.66% and 31.49% respectively.
Sintex Industries, through its wholly owned subsidiary -- Sintex NP SAS -- has acquired 100 per cent equity stake in France-based Groupe Simonin, a manufacturer of metal and plastic sub-assemblies and technical components, for a cash consideration of Euro 18 million
The acquisition will help the company to expand its products portfolio of metal parts like moulded products and move up the supplier value chain. Also, the deal will help integrate French and Indian plants to offer products and services with bouquet of manufacturing footprint across with wide variety of technologies and capabilities with differential cost basis.
Founded in 1926, the SIMONIN group is a French industrial company with a strong reputation in its key sectors. It specializes in the conception and manufacturing of technical parts such as springs, wire parts, precision stamping of metal parts etc, while, Sintex Industries is the world largest producer of plastic water tank. It manufactures a wide range of plastic products including prefabricated structures, industrial custom molding products, monolithic constructions and water storage tanks.
| Company Name | CMP |
|---|---|
| PDS | 438.30 |
| Vardhman Textiles | 456.10 |
| Arvind | 363.85 |
| Welspun Living | 142.20 |
| Alok Inds | 25.82 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
