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.
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.