Hold Sintex Industries, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Sintex Industries looks okay at this price. I would have a target close to Rs 90-92, thereabouts. These are sort of thematic midcap plays where Sintex has benefitted lately from CSR because of pre-fabricated homes, etc. So, they have benefitted from the spend on that.""Similarly, VA Tech because of the effluent plants, etc. they have also been getting orders. So, both are very niche sort of midcap plays, so that is what you need to keep in mind, because when you see a correction across midcaps, it tends to exaggerate more on stocks like this. But that said, given the valuations of Sintex at current price, for me the stock is a hold," she said.