Sintex plastic is one of the top 3 players from india. The co has spread its product portfolio and covered sector like pladtic, auto, defence, aerospace, etc. Sintex is well establised brand in the market. Promoter bought 1%stack from open market. The stock has good risk reward ratio, available at undervalu price looking to its growth, 80- 82 price is good price to enter for medium to long term.
52 week low is 1 Rs and high is 103 rs... Isn't it a risky bet now?
ReplyDeleteDear, Just do home work before buying stock, it never went to Rs 1, its face value is Rs 1, and this co. demergerd from sintex industry few months ago.
DeleteWhat is the downside risk in sintex plastics? Market on the whole is at 26 PE and may come down.
ReplyDelete