ABOUT COMPANY
SINTEX is the world largest producer of plastic water tank. It is also Asia's largest manufacturer of corduroy fabrics. Sintex has a strong presence in the European, American, African, and Asian markets including countries like France, Germany and USA. It is primarily in manufacturing textiles & plastic products. Its manufacturing includes a wide range of plastic products including prefabricated structures, industrial custom moulding products, monolithic constructions and water storage tanks. In the textile segment, the company focuses on niche segment specialising in men's shirting.
PRODUCTS OFFERED
PRODUCTS OFFERED
- BUILDING PRODUCTS
- CUSTOM MOULDING
- TEXTILES
WHY SINTEX -
- The company expects a steady growth of 18-20 per cent in its pre-fabrication business catering to sewage treatment plants, biogas plants and organic waste management structures.
- Benefiting from swatch bharat mission, smart cities initiatives in future.
- Strong quarterly results.
- Improving cash flow from operations
- Improving leverage and gearing ratio's
TECHNICAL REASON
- INCREASED VOLUMES
- EVERBULL STOCK
CMP - 106
ALLIANCES -
- Sintex-Wausaukee Innovative Composite Solutions - USA
- Nief Plastic SAS
- Bright AutoPlast Pvt. Ltd.(automotive components)
Disclosure - I am not a research analyst and expressing opinion only as an individual investor in Indian equities. Readers should consult their financial advisers before any investment.
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