Sunday, December 18, 2011

SINTEX INDUSTRIES LTD:WAIT


Hi Mahesh ji,
Appreciated your help to small investor like me. could you please tell me your views on stock sintex industries.
Thanks,
Vijaykarthik
1. SINTEX INDUSTRIES LTD is a one rupee face value stock , so i think due to low face value CMP of stock is still high.
2. year high of SINTEX INDUSTRIES LTD is 195 and year low 61.50
3. promoters holding 34.96 % in SINTEX INDUSTRIES LTD and FII hold 38.17 % and if FII continue sell there stocks i think more downside will remain in this SINTEX INDUSTRIES LTD.
4. stocks down with volume in last some trading sessions so i think you will avoid this stock due to low face value , downtrend with high volume . but book value of SINTEX INDUSTRIES LTD is 79.60 so you may start fresh buying below 40 if available.
5. i have no any stock of SINTEX INDUSTRIES LTD.

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