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Sintex Industries’ promoters hike stake

21 Oct 2013 Evaluate

Sintex Industries’ promoters have acquired additional 25 lakh shares in the company on October 19, 2013. As on September 30, 2013, the promoters holding in the company stood at 36.16% while institutions and non-institutions held 20.11% and 43.73% stake in the company respectively.

The company, on the consolidated basis, registered a growth of 0.79% in net profit after minority interest and share of profit of associates at Rs 72.92 crore as compared to Rs 72.35 crore in the same quarter previous year. Total income of the company rose 13.88% to Rs 1364.90 crore for quarter under review as against Rs 1198.53 crore in corresponding quarter previous year.

Peers
Company Name CMP
Vardhman Textiles 571.05
Welspun Living 202.90
Arvind 548.70
Raymond Lifestyle 668.20
K.P.R. Mill 1121.05
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