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Sintex Industries surges on plan to set up a textile plant in Gujarat

11 Dec 2014 Evaluate

Sintex Industries is currently trading at Rs. 100.50, up by 2.10 points or 2.13 % from its previous closing of Rs. 98.40 on the BSE.

The scrip opened at Rs. 98.80 and has touched a high and low of Rs. 101.50 and Rs. 98.20 respectively. So far 2231463 shares were traded on the counter.

The BSE group 'A' 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. 30.80 on 05-Feb-2014.

Last one week high and low of the scrip stood at Rs. 104.80 and Rs. 94.40 respectively. The current market cap of the company is Rs. 3710.08 crore.

The promoters holding in the company stood at 39.66 % while Institutions and Non-Institutions held 24.23 % and 36.11 % respectively.

Sintex Industries has decided to set up a textile processing plant near Pipavav port (Gujarat) at an investment of Rs 5,500 crore by 2017-18. The upcoming Pipavav unit will be the 10th plant of Sintex Industries in the country, and will be set up in phase-wise manner. This new plant will have one million spindles, 2,400 weaving machines and a capacity to churn out 600 tonne of knits.

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.

Sintex Industries Share Price

2.21 0.00 (0.00%)
10-Feb-2023 18:03 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

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