News Hot Pursuit

Sintex Industries rises on bargain hunting
14-Jun-18   10:22 Hrs IST
Meanwhile, the S&P BSE Sensex was down 194.64 points, or 0.54% to 35,544.52.

On the BSE, 1.12 lakh shares were traded in the counter so far compared with average daily volumes of 4.13 lakh shares in the past two weeks. The stock had hit a high of Rs 17.30 and a low of Rs 16.45 so far during the day. The stock hit a 52-week high of Rs 38.55 on 20 July 2017. The stock hit a 52-week low of Rs 14.80 on 6 June 2018.

Shares of Sintex Industries fell 4.05% in two trading sessions to settle at Rs 16.60 yesterday, 13 June 2018, from its close of Rs 17.30 on 11 June 2018.

On a consolidated basis, net profit of Sintex Industries rose 15.91% to Rs 57.42 crore on 6.67% decline in net sales to Rs 617.27 crore in Q4 March 2018 over Q4 March 2017.

Sintex Industries is engaged in the manufacturing of plastic products, and spinning, weaving and finishing of textiles.

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