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Hold Sintex Industries: Kunal Bothra

According to Kunal Bothra of LKP, one can hold Sintex Industries with a target of Rs 40.

November 11, 2013 / 16:56 IST
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Kunal Bothra of LKP told CNBC-TV18, "Sintex Industries is a good stock and the rally is coupled with good volume, so that is a very strong sign. However, probably for the last two weeks it is facing some consolidation. That is also a good sign because the stock is not correcting in sync with the market or probably the other stocks, which are correcting."


He further added, "I would ask the investor to hold on to this, have a trading stop loss close to Rs 27-28 and look for a target of Rs 40 but time horizon could be anywhere close to two-three months."
first published: Nov 11, 2013 04:56 pm

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