Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "In Sintex Industries the short-term trader has to take the loss and get out. If one is a longer term investor then stay there because it is bottoming out, the bottoming out process is protracted and very painful. One has to accept it but at some point of time in the next one-two years one will see some gains."
At 12:50 hrs Sintex Industries was quoting at Rs 43.45, down Rs 0.40, or 0.91 percent. It has touched an intraday high of Rs 43.75 and an intraday low of Rs 42.65.
The share touched its 52-week high Rs 75.60 and 52-week low Rs 42.00 on 12 October, 2012 and 26 March, 2013, respectively. Currently, it is trading 42.53 percent below its 52-week high and 3.45 percent above its 52-week low. Market capitalisation stands at Rs 1,360.46 crore. Also Read: Sintex Industries tanks nearly 8% on F&O exclusion
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