Sintex Industries - Again ready for us to get into it after demerger

Sintex Industries I recommended before demerger. Demerger was a happy event for those who bought and stayed.My reco and updates for this was on Facebook Group and Page.

After that Sintex Industries was also recommended but it was volatile. It has troubled me. It is volatile is one thing but it looks like good days are ahead.
2nd Fund entered here after demerger. This fund is Morgan Stanley. If you see it has not gained much after demerger. It has touched Rs 32-24 few times but went down. I think, we should take this as consolidation and buy it.
So, why not buy at this safe price!

Morgan Stanley buys 31.80 lakh shares of Sintex Industries


The current Sintex Industries is about Textiles AND Yarns Business. Plastic business is here.

Its Textile and Yarn business has all new machines which will give better quality output for long time from here.

CMP: Rs 34.

Recently few stocks mentioned on Facebook Group

Sintex Industries, Fiberweb (India), Edelweiss Capital, and V2 Retails. All these are doing good or waiting to do good.

Sintex Industries is mentioned at Rs 85 is above 105 now. Edelweiss is also 15-20% up. It and Sintex mentioned very recently.

Fiberweb (India) mentioned few months back but it is more than doubled. It is running from long and I was not very sure if it will run or wait for consolidation. Management is increasing capacity and products are doing good. Recently audit team came from USA for Wal-Mart order. All these updates are on Facebook. Now, stocks is not looking very sweet deal. But I may stay there.

V2 Retails I selected at the time of D-Mart IPO. V-Mart I blogged here is already up by more than 50%. V-Mart mentioned here was at very safe price that time.

Few more stocks were mentioned at Facebook group. But I won't give personal advice.

Updates about stock mentioned as blog post here are given on Facebook group.


I am not a registered stock adviser or analyst. All stocks mentioned here or at Facebook group are just a view and just discussion on social media. 

Sintex Industries and Amtek Auto: Value and Growth Stocks

Sintex Industries is pure economic play. It manufactures so many things that is good to play economic recovery. From prefabricated building products, Water Tanks, Dust Bins, Many other molded products and other things used in defense etc are part of its manufacturing. Company has some debt but now it is restructuring.

Sintex Industries - CMP: 117.

Amtek Auto is another stock which is similar to Sintex in one sense. It also has so many products manufactured through its subsidiaries. Its Sales is increasing rapidly and profit is also increasing but most of the profit is getting eaten up by interest. It has taken lots of debt for acquisition. Management told that it may sell some stake in any subsidiaries to reduce debt.

Amtek Auto - CMP: 155.65.

Amtek Auto is consolidating so wait and watch before buying it. Though I don't think it will go much down from here. You can buy in some quantity and add later on.