Hold Sintex Industries: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "One should hold on to Sintex Industries. I would say that if there is a correction, one can also average at lower levels. The reason why I would say this that there would be a lot of focus on affordable housing in the next two to three years and we have seen a recent revival in the entire real estate space which has been sideways for quite some time and demonetisation and GST have been dampeners for the real estate space."

"However, look at DLF, look at Oberoi Realty, look at Ajmera, look at several other counters, they have started showing green shoots of revival. I think that as a sector this would rise up again and the fringe players have been removed due to the RERA implementation. I think that once this sector gets organised and most of the black money which was flowing and that is taken care of, I think there would be a lot of growth seen in this area."

"Sintex as a company is directly related to the housing sector and of course to the industrial sector as well. So I would say that one should hold on with a longer term perspective, maybe two to three years and one might see some decent returns happening in Sintex. So definitely hold on to the stock, no problems at all," he added.