Is sintex share good to buy?
Is sintex share good to buy?
As on 24th Sep 2021 SINTEX Share Price closed @ 3.75 and we RECOMMEND Buy for LONG-TERM with Stoploss of 2.29 & Strong Sell for SHORT-TERM with Stoploss of 4.16 we also expect STOCK to react on Following IMPORTANT LEVELS.
Why Sintex Industries share is falling?
Higher costs, rising debt and sluggish demand have depleted cash. The parent recently defaulted on debenture payments. Things are so dire even the promoters, with the majority of their holdings pledged, didn’t convert warrants into equity, underscoring their lack of confidence in the business.
What is the problem with Sintex Industries?
According to the annual report, the company is undergoing substantial financial stress and severe liquidity constraints coupled with changed industrial dynamics, time and cost overrun in completion of its projects.
Can Sintex Industries recover?
Sintex industries: No chance of recovery, Sintex lenders in talks with three players to sell firm – The Economic Times.
Does Suzlon have a future?
Moreover, electricity demand has increased tremendously and is expected to rise in the future too. Renewable energy is emerging as a major source of power in India….Competitors of Suzlon Energy.
| Name | Mitcon Cons |
|---|---|
| Market Cap. (Rs. cr.) | 76.59 |
| Sales Turnover | 44.97 |
| Total Assets | 89.32 |
Who is the owner of Sintex?
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Sintex Industries Ltd….PREMARKET.
| Management | |
|---|---|
| Amit D Patel | Managing Director |
| Hitesh Dihiye | Chief Financial Officer |
| Hitesh T Mehta | Co. Secretary & Compl. Officer |
| Jayesh Khatsuria | Non Executive Director |
Is Sintex plastic in Nclt?
Zielem Industries’ insolvency application against Sintex BAPL was admitted by the Ahmedabad bench of NCLT in December last year. Within days, Zielem and Sintex BAPL arrived at a settlement and Sintex Plastics approached the appellate tribunal to set aside the NCLT order of admission.
Why is Suzlon stock price increasing?
The 52 week high on the stock is Rs 8.45 and the 52 week low is Rs 2.65. Suzlon Energy share price rose nearly 10%, after the order win news release came on the exchanges. Suzlon’s next generation turbines are designed to optimally harness wind resources at higher altitudes making low wind sites viable.
What is happening with Suzlon Energy?
Suzlon Energy loss widens to nearly ₹399 cr in June quarter Suzlon Energy on Saturday reported widening of its consolidated net loss to ₹398.86 crore in the April-June quarter compared to the year-ago period …
What is Sintex tank?
Sintex water storage solutions ensure highest standards of hygiene at a reasonable cost. The Sintex Ace, an innovation that offers side manhole feature for easy cleaning along with Sintex Pure, Sintex Titus, Reno, Loft Tanks, Sumps, FRP, PUF and SMC panel tanks cover the entire range of water storage solutions.
Will sintex recover?
“These talks are still preliminary but there is no other option before us,” said a banker involved in the negotiations.
Is it good to buy Suzlon Energy share?
PE vs Industry: SUZLON is good value based on its PE Ratio (11.7x) compared to the Indian Electrical industry average (27x). PE vs Market: SUZLON is good value based on its PE Ratio (11.7x) compared to the Indian market (20.7x).
What is the stock price of Sintex Industries?
Sintex Industries Ltd. Share Price Updates Sintex Industries Ltd. share price up by up by 3.03% 4.52% from its previous close of Rs 1.65 1.77 . Sintex Industries Ltd. stock last traded price is 1.70 1.85
Which is the NCD that Sintex has defaulted on?
Sintex Industries on Wednesday said it has defaulted on repayments linked to non-convertible debentures (NCD) worth ?86 crore, a day after a rating downgrade by CARE Ratings. (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets.
Where is Sintex Plastics Technology Ltd headquarters located?
Sintex Plastics Technology Ltd is headquartered in Kalol, Gujarat. SPTL enjoys a global presence through its subsidiaries – Sintex NP SAS (Europe) and Sintex Wausaukee Composites Inc. (US).
What did KKR invest in Sintex last year?
Last year, KKR invested ?1,250 crore in Sintex-BAPL, a subsidiary of Sintex Plastics. The money was used to refinance debt and finance growth in the B2C business in retail plastics and auto and defence plastics.