The founder of the Indian multinational Welspun World said that it is poised for the next phase of expansion, but added that it will not be at the cost of stability
The project, expected to be implemented over the next six quarters, is set to generate employment opportunities for approximately 350 individuals, it further stated
This project is a part of the state government's incentive scheme.
In a statement, Welspun Group said Sintex has been a household name in India for decades for water tanks and other plastic products. It has a strong distribution network across India.
Watch accompanying video of CNBC-TV18's Navin Shetty giving a 360 degree round up on a stock that's in the news from all angles including the fundamental and technical call is Sintex Industries.
SBI | Bajaj Auto | Tata Power | GVK Power | Amtek Auto | Motherson Sumi | Bharat Forge | Jayshree Chemical | MTNL | Reliance Capital | Sintex | Hindustan Zinc | Music Broadcast | Healthcare Global | Sagar Cements | NBCC and Pfizer are stocks, which are in the news today.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Yes Bank, Bharti Airtel, Sintex, SBI, HPCL, Shriram EPC, PNC Infra, Skipper, Asian Oilfield, Cimmco, NHPC and Ujaas Energy.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Hindustan Zinc, Divis Laboratories, HPCL, BPCL, IOC, United Bank of India, Sintex, Uttam Galva, Akzo Nobel, Emami Infra, Symphony, and Sadbhav Infra.
Sobha, Mphasis, Sun TV, IFCI, Ashok Leyland, Tata Power, Brila Corp, Reliance Infra, Bharat Forge, Ansal Properties, Spice Mobility, JHS Svengaard Labs, Swaraj Automotives, MTNL, Patel Integrated Logistics, Vakrangee, Gujarat NRE Coke, Time Technoplast, Sumeet Ind, Lanco Infra, Sterlite Tech, Borosil, Sintex,
Motilal Oswal has recommended Sintex, Inox Wind and Dewan Hsg as top Diwali Picks in its research report dated November 03, 2015.
Tech Mahindra, Nestle India and Yes Bank - three Indian counters that are now a part of the MSCI Global Standard Indices.
The non-promoter, non-institution shareholding is up sharply to over 40 percent vs little over 27 percent. In fact individuals now own 8.3 crore shares vs 5.5 crore shares. But what is really perplexing is the category called "Bodies corporate".
In an interview to CNBC-TV18, Sunil Kanojia, Group President, Sintex spoke about sales growth, margins and overall business.
Performance of domestic custom moulding business (which is 20 percent of total revenue) of Sintex would continue to show improvement on the back of orders from non-automotive sector
One may go long on Tata Power with a stop loss at Rs 80, says Manoj Murlidharan Vayalar of IIFL.
Shardul Kulkarni of Angel Broking recommends to go short in Sintex Industries and Reliance Infrastructure and advises to go long in Mahindra Satyam.
Bharti Airtel | Edelweiss | Sintex | Globus Spirits | Hindustan Copper | Wipro | NHPC | Marg | Winsome Diamonds | Ramco Systems | Tourism Finance Corporation of India | Tata Steel | Financial Technologies and MCX are stocks, which are in the news today.
Rajesh Agarwal of Eastern Financiers recommended to buy Mahindra Ugine for a target price of Rs 77 and buy Polaris for a target price of Rs 127.
Satish Gupta of astrostocktips.in advised buying United Spirits on dips. He feels Jain Irrigation and Sintex will get astro support.
SP Tulsian of sptulsian.com advised buying AstraZeneca Pharma with a target price of Rs 860 while Nooresh Merani of AMSEC Research recommended buying Dena Bank with a target price of Rs 92.
SP Tulsian of sptulsian.com advises long term investor to hold Sintex Industries for couple of years to see good returns.
Bank Nifty, which has rallied more than 4 percent may be a bit laidback this week, feels Sudarshan Sukhani of s2analytics.com
Sunil Kanojia, group president, Sintex Industries is aiming for a 100 basis points (bps) margin improvement in FY14. Kanojia‘s optimism comes on the back of an acquisition made by thee company in Germany.
In an interview to CNBC-TV18, technical analyst, Sudarshan Sukhani, s2analytics.com shared his reading and outlook on the market and stocks across various sectors.
Technical analyst, Sudarshan Sukhani, s2analytics.com shared his reading and outlook on the market and various stocks.