Vijay Chopra of enochventures.com told CNBC-TV18, "Sintex Industries is a consumption story and I have been advocating this since a long time. It was in the 20’s four-five years back and then I recommended this stock. I would suggest that as we see an uptake in the housing space although it is taking some time but I think that if somebody is a long term investor in this stock, this stock has a potential of reaching Rs 120."He further added, "Sintex is a very good brand, it has a fantastic distribution channel, very strong brand recall and the product is also quite acceptable with the masses. I would say that it has a very good mass appeal and the company has the potential the numbers have been improving.""Over the period of time the debt issue is definitely there, but I think the company is working overtime to hive-off the debt where ever they can. I would say that stay invested in the stock for target of Rs 120. It would take some time but I think that it is a stable story to stick around," he said.
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