Sintex Industries looks good from investment angle: Tulsian

SP Tulsian of sptulsian.com feels Sintex Industries looks good from investment angle as well as from short-term trading angle.

Tulsian told CNBC-TV18, “I am recommending Sintex Industries. Ahead of its Foreign Currency Convertible Bond (FCCB) payment liability of about Rs 1,200 crore plus on March 12, is likely to sail through. This is because the company has already made the arrangement and the things are again building up. The position in the March series is also seen building-up. So that stock looks good, may be from investment angle as well as from the short-term trading angle.” Shares gained 3.7 percent to close at Rs 60.40 on Bombay Stock Exchange on Friday.