HomeNewsBusinessStocksBuy Sintex for short term target of Rs 56: Nooresh Merani

Buy Sintex for short term target of Rs 56: Nooresh Merani

Nooresh Merani of Amsec Research feels that there maybe a long term bottom formation in Sintex. He believes that the stock may test Rs 56 in short term.

June 08, 2013 / 15:09 IST
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Nooresh Merani of Amsec Research told CNBC-TV18, "Over the last one year, Sintex Industries was stopping around Rs 48-50. It gave a move down and is now reversing. So maybe we are looking towards a long term bottom formation in Sintex. My short term target would be around Rs 56."

first published: Jun 7, 2013 05:57 pm

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