Sintex Industries SINTEX share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 9 or 7.80 Sintex Industries is currently trading at 7.80 However, if the trend reverses from this point, then a possible future share price target could be 5 or 7.80
quote is equal to 7.820 INR at 2022-09-20. Based on our forecasts, a long-term increase is expected, the " SINTEX Sintex group, formerly known as The Bharat Vijay Mills Ltd and Sintex Industries Ltd, is the world's largest producer of plastic water tanks and Asia's largest manufacturer of corduroy fabrics. Sintex operates in Europe, America, Africa, and Asia, especially in France, Germany, and the US. https://en.wikipedia.org › wiki › Sintex
What is the forecast for Sintex Industries Limited stock in 2022?
From AI system, total return is 3217.47% from 3074 forecasts. For Sintex Industries Limited stock forecast for 2022, 9 predictions are offered for each month of 2022 with average Sintex Industries Limited stock forecast of 9.14, a high forecast of 9.23, and a low forecast of 8.94.
Will Sintex plastics technology stock grow / rise / go up?
The Sintex Plastics Technology stock price is 4.210 INR today. Will Sintex Plastics Technology stock price grow / rise / go up? Yes. The Sintex Plastics Technology Ltd stock price can go up from 4.210 INR to 6.606 INR in one year. Is it profitable to invest in Sintex Plastics Technology stock?
What is the'Sintex'stock price prediction for 2027-03-08?
Sintex Industries Ltd. quote is equal to 8.210 INR at 2022-03-16. Based on our forecasts, a long-term increase is expected, the "SINTEX" stock price prognosis for 2027-03-08 is 20.980 INR.
What are the divisions of Sintex Industries Ltd?
Sintex Industries Ltd has two divisions - textiles and plastics. In the area of textiles, the company has been pioneers in high value fabrics.manufactures wide range of plastic products catering to various segments like construction, interiors, Industries and consumers. It manufactures products like tanks, PVC Pipes, Doors,...
Will sintex share go up?
Important support & resistance levels of SINTEX are 0.65, 1.31, 1.97, 4.44, 6.56, 9.94. Experts view is that the stock of Sintex Industries might change its trend at one of these levels....Upside intraday target8.2Downside short term target7.76Downside mid term target6.56Downside long term target4.441 more row
Is it good to buy Sintex share?
As on N/A SINTEX SHARE Price closed @ N/A and we RECOMMEND N/A for LONG-TERM with Stoploss of N/A & N/A for SHORT-TERM with Stoploss of N/A we also expect STOCK to react on Following IMPORTANT LEVELS.
What is the future of Sintex plastic share?
Yes. The Sintex Plastics Technology stock price may drop from 3.630 INR to 3.457 INR . The change will be -4.754%.
What will happen to Sintex shares?
“Sintex Industries vide its announcement dated March 20, 2022, informed the Exchange regarding approval of the resolution plan by the Committee of Creditors' members… which proposes that existing share capital of the Company shall be reduced to zero and the Company will be delisted from the stock exchanges,” said BSE ...
Has Reliance bought Sintex?
Sintex acquisition by RIL-ACRE 7,500 crores to debtors. As part of the Insolvency & Bankruptcy Code procedures, the CoC must approve a bid by a minimum of 66% votes in favour before the NCLT gives final clearance. In December 2021, there were three bidders apart from RIL and ACRE to take over the company.
Who is buying sintex?
Sintex Industries' lenders have approved the joint bid of Reliance Industries (RIL) and Assets Care & Reconstruction Enterprise (ACRE) to acquire the debt-ridden textiles firm under the insolvency resolution process.
Why is sintex falling?
because of deterioration of their financial position. Sintex BAPL reported a loss of Rs 79 lakh in FY19 against profit of Rs 21.21 crore in the previous fiscal because of higher finance costs. Sintex Prefab & Infra reported a profit of Rs 6.28 crore in FY19 against Rs 52.2 crore in FY18.
Can Sintex Industries recover?
Sintex industries: No chance of recovery, Sintex lenders in talks with three players to sell firm - The Economic Times.
What is the latest news on Sintex Industries?
SINTEX INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2022 ,inter alia, to consider and approve the Audited Financial Results (Standalone and Consolidated) for the Fourth quarter and year ended 31st March, 2022.
Is Sintex Industries a multibagger?
In 2017 Diwali, Sintex Plastics Technology Ltd (SPTL) stock was recommended by many experts in their 'Muhurat Picks'. It was trading above 90 that time. One year target in SPTL was given in the range of 120-180 by different analysts.
Is sintex a plastic?
Sintex Plastics Technology Ltd., incorporated in the year 2015, is a Small Cap company (having a market cap of Rs 232.83 Crore) operating in Plastics sector.
What about Sintex Industries share?
share price was Rs 7.80 as on 21 Mar, 2022, 03:59 PM IST. Sintex Inds. share price was down by 4.88% based on previous share price of Rs. 8.2.
Can we buy Sintex Industries shares?
The stock exchanges BSE and NSE have suspended trading in Sintex Industries as no buying or selling will be allowed in the stock from Tuesday, March 22, 2022. The announcement comes as Reliance Industries-ACRE won bid to acquire Sintex Industries and proposed to delist Sintex shares.
Is Sintex Industries a multibagger?
In 2017 Diwali, Sintex Plastics Technology Ltd (SPTL) stock was recommended by many experts in their 'Muhurat Picks'. It was trading above 90 that time. One year target in SPTL was given in the range of 120-180 by different analysts.
Why is sintex share price rising?
The stocks of Sintex Industries have been rising ever since Reliance Industries emerged as one of the bidders who showed interest to acquire the bankrupt firm.
Why is sintex falling?
because of deterioration of their financial position. Sintex BAPL reported a loss of Rs 79 lakh in FY19 against profit of Rs 21.21 crore in the previous fiscal because of higher finance costs. Sintex Prefab & Infra reported a profit of Rs 6.28 crore in FY19 against Rs 52.2 crore in FY18.
Sintex Industries SINTEX share price forecast & targets for Intra Day are 8.23, 8.28, 8.17 on the downside, and 8.58, 8.63, 8.87 on the upside
These intraday share price levels are calculated using pivot point calculations and valid only for tomorrow's session on a 5-15 minute chart.
Sintex Industries SINTEX share price forecast & targets for short-term is a uptrend, and nearest possible share price target is 8.58
The share price is currently trading at 8.40However, if the trend reverses from this point, then a possible future share price target could be 6These share price targets are working as support & resistance levels as well.
Sintex Industries SINTEX share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 9.93 or 11.45
Sintex Industries is currently trading at 8.40However, if the trend reverses from this point, then a possible future share price target could be 5 or 5.60These share price targets are working as support & resistance levels as well for Sintex Industries
Sintex Industries SINTEX share price forecast & targets for long-term is an uptrend, and nearest possible share price targets are or even 11.45
The stock price is currently trading at 8.40However, if the trend reverses from this point, then possible future share price targets could be 6, 5, 4, 3, 2, 1, or even 0.55These share price targets are working as long-term support & resistance levels as well.
Further share price targets & forecast with buy and sell signals and experts views for Sintex Industries are here
Also read Tomorrow's movement predictions for SINTEX Sintex Industries here Daily charts Daily candle stick charts Weekly charts Monthly charts Moving Averages charts MACD charts
SINTEX Sintex Industries current prices
Sintex Industries share price opened at: 8.75Sintex Industries share price closed at: 8.40Sintex Industries share price made a High of: 8.75Sintex Industries share price made a low of: 8.4052 week High: 11.4552 week Low: 0.55SINTEX is trading in the upper range of yearly prices.Went as high as 11.45 in the last three months (quarter)Went as low as 5.60 in the last three months (quarter)SINTEX is trading in the lower range of the quarterly prices..
Further technical analysis for SINTEX Sintex Industries
Experts Views on Sintex Industries Tomorrow's movement predictions for SINTEX Sintex Industries are here Daily charts for SINTEX Daily candle stick charts for SINTEX Weekly charts for SINTEX Monthly charts for SINTEX Moving Averages charts for SINTEX MACD charts for SINTEX
What is Sintex Industries?
Sintex Industries Ltd has two divisions - textiles and plastics. In the area of textiles, the company has been pioneers in high value fabrics.manufactures wide range of plastic products catering to various segments like construction, interiors, Industries and consumers. It manufactures products like tanks, PVC Pipes, Doors, window panels, kitchen cabinets, furniture, shelters, pallets, insulated boxes, chemical tanks, meter boxes, bins, solar water heating system etc.Core business being plastic products, they are also into manufacturing of plastic moulds customised according to the industries requirements.The company also manufactures a wide range of Mens and Ladies apparels and fu
Is Sintex a good stock?
Sintex Ind is a good stock for long term investment. Another stock which is good for long term investment is Suncare Traders Ltd
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FAQs
What is the future prediction for Sintex stock? ›
Sintex Industries Ltd. quote is equal to 7.820 INR at 2023-06-05. Based on our forecasts, a long-term increase is expected, the "SINTEX" stock price prognosis for 2027-03-19 is 19.373 INR.
What will happen to Sintex shares now? ›“Sintex Industries vide its announcement dated March 20, 2022, informed the Exchange regarding approval of the resolution plan by the Committee of Creditors' members… which proposes that existing share capital of the Company shall be reduced to zero and the Company will be delisted from the stock exchanges,” said BSE ...
Is Sintex share good to buy? ›Past 10 year's financial track record analysis by Moneyworks4me indicates that Sintex Industries Ltd is a below average quality company. 2. Is undervalued or overvalued? The key valuation ratios of Sintex Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
Will Sintex share become zero? ›The insolvency resolution for Sintex was approved, and the equity is being written off, Zerodha said in a tweet with sharing the screenshot of the nudge saying “Equity shares of Sintex Industries will be delisted, and the equity will be reduced to zero as part of the insolvency resolution process.
What is the target of Sintex plastic share? ›| Target 1 | 2.24 |
|---|---|
| Target 2 | 2.49 |
| Target 3 | 2.7 |
| Target 4 | 2.82 |
| Target 5 | 6.18 |
Mukesh Ambani-promoted Reliance Industries, India's biggest company by market value, has completed its Rs 3,567-crore acquisition of textile company Sintex Industries exactly a year after banks had approved the acquisition and a month after the National Company Law Tribunal (NCLT) approved the transaction.
How do I sell delisted shares? ›Delisted shares cannot be traded on the stock exchange, to sell these shares one needs to trade them in the over-the-counter market.
Will Reliance take over Sintex? ›MUMBAI: Mukesh Ambani-owned Reliance Industries (RIL), has completed the acquisition of nine-decade-old Sintex Industries Ltd. by infusing ₹1,500 crore in the Ahmedabad-based yarn and fabric manufacturer, which is more widely known in the country for manufacturing black plastic water tanks.
What happen with Sintex share holders? ›Existing Sintex Industries shareholders, especially the retail shareholders, may suffer losses as a consequence of the company's share price dropping due to a bankruptcy filing. Also, those shareholders who retain the shares after delisting may face losses due to the inability to sell them on stock exchanges.
Is Sintex Industries a multibagger? ›As it turned into a multibagger stock, Sintex Industries became a household name in the investing community.
Who is bidding for Sintex? ›
NCLT has approved the joint bid by Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) to acquire Sintex Industries.
Why Sintex is suspended for trading? ›The entire share capital of Sintex Industries Limited will be written off as part of the Insolvency resolution process. You will not be able to sell your holdings in the stock once it is delisted.
What is the record date for demerger of Sintex Industries? ›Post the demerger scenario, two companies Sintex Industries and Sintex Plastics Technology were to carry the textile and spinning business and plastics business, respectively. The record date for the scheme of demerger was May 26. 1. 2.
Is Sintex plastics debt free? ›Financial Health
Sintex Plastics Technology has a total shareholder equity of ₹251.7M and total debt of ₹24.9B, which brings its debt-to-equity ratio to 9907%. Its total assets and total liabilities are ₹38.1B and ₹37.8B respectively.
share price today? Sintex Inds. share price was Rs 2.30 as on 10 Feb, 2023, 03:51 PM IST.
What is the demerger ratio of Sintex Industries? ›After the consummation of the demerger the existing investors of Sintex Industries will be issued shares of the plastic business in the ratio of 1:1, which effectively means for every 100 shares held in the original company, investors will be entitled to another 100 shares of the plastic business.
Do I lose my money if a stock is delisted? ›Shareholders retain their legal rights and equity interest in a delisted stock even if they cannot sell their stake as readily as previously.
Will I lose my shares if a company is delisted? ›When a company delists, investors still own their shares. However, they'll no longer be able to sell them on the exchange. Instead, they'll have to do so over the ounter (OTC).
What happens to my money if a share is delisted? ›Investors holding shares after a delisting will only be able to sell them OTC. That generally means less liquidity, finding it harder to locate buyers at the price you want, and potentially being left in the dark about what the company is up to. Nasdaq. “Listing Center.”
What was the downfall of Sintex? ›The Sintex Group, known for its namesake water tanks, spun off its flagship textiles and plastic businesses to derive value for shareholders. Two years later, investors have lost nearly all their wealth. Higher costs, rising debt and sluggish demand have depleted cash.
What is 10x in 10 years stock? ›
10x in 10 years is 26% annualized. If you have 1 stock out of 10 that did this, it would be responsible for about 1/4th the total return you got in the last 10 years.
Who won bid for Sintex Industries? ›The National Company Law Tribunal (NCLT) has approved the joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden textiles maker Sintex Industries.
What is the share price of Sintex in Zerodha? ›SPTL share price: ₹ 1.80 - Sintex Plastics Technology Ltd Stock Updates.
What does Sintex Industries do? ›Sintex Industries Limited is the spearhead of textile industry with its manufacturing division Bharat Vijay Mills (BVM). It is the precursor of supplying premium and world class fabrics and yarns to clients across the globe.
How do you calculate share price after demerger? ›The Price of Each: Split by Book Value
When the stock demerged, a certain amount of book assets and debt etc went to each company. Based on the split of such book value, we can divide our purchases.
Sintex industries: No chance of recovery, Sintex lenders in talks with three players to sell firm - The Economic Times.
Which companies are bidding for Sintex? ›NCLT has approved the joint bid by Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) to acquire Sintex Industries.
Why did Sintex shares fall? ›What went wrong with Sintex? Sintex Industries lost its wealth in the past few years due to rising costs and higher debt combined with sluggish demand that depleted its cash reserves.
Is Sintex Industries debt free? ›What Is Sintex Industries's Net Debt? As you can see below, Sintex Industries had ₹67.4b of debt, at September 2022, which is about the same as the year before. You can click the chart for greater detail. On the flip side, it has ₹2.10b in cash leading to net debt of about ₹65.3b.
Is Reliance buying Sintex Industries? ›MUMBAI: Mukesh Ambani-owned Reliance Industries (RIL), has completed the acquisition of nine-decade-old Sintex Industries Ltd. by infusing ₹1,500 crore in the Ahmedabad-based yarn and fabric manufacturer, which is more widely known in the country for manufacturing black plastic water tanks.
Is Sintex Industries and Sintex plastic same? ›
Sintex group, formerly known as The Bharat Vijay Mills Ltd and Sintex Industries Ltd, is the world's largest producer of plastic water tanks and Asia's largest manufacturer of corduroy fabrics.
What is demerger ratio of Sintex plastic? ›After the consummation of the demerger the existing investors of Sintex Industries will be issued shares of the plastic business in the ratio of 1:1, which effectively means for every 100 shares held in the original company, investors will be entitled to another 100 shares of the plastic business.
Is Sintex going to delist? ›Delisting of equity shares of SINTEX
As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 10, 2023.