Sintex Industries is one of the leading company in the fab and moulding sector. The company is showing growth for the last many quarter except during demonetization quarter. Company invested billions of INR in new plants and now the plants started generating revenue. The P/E Ratio of the company is way lower than Industry P/E. Sintex Industry also received the No objection to demerge its Molding and Prefab business. Its the best time to accumulate Sintex Industries in small number and hold it for more than one year. Post demerger, Sintex Industries current shareholders will get the additional share of Sintex Plastic Ltd which will be listed in the stock market. The Long term value investor should not hear but play on the fundamental of the stock. Please consult your financial advisor before investing
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