1. I always considered this stock to be associated with water tanks only till I researched on this stock to find that water storage business was only catering to 10% of its revenues.
2. Yes you have guessed it right and am talking about Sintex which is likely to report a strong 35-40% growth per year and mind it this growth will continue for a few years.
3. It bifurcated into textile business because of copycats stealing its margins in water storage tanks business and is presently supplying its denim to world class companies like Armani, Versace and Tommy Hilfiger.
4. Sintex has over past 3 years outperformed Sensex and same is expectd in times to come also. Stock is trading at 15 times its FY08 earnings.
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2. Yes you have guessed it right and am talking about Sintex which is likely to report a strong 35-40% growth per year and mind it this growth will continue for a few years.
3. It bifurcated into textile business because of copycats stealing its margins in water storage tanks business and is presently supplying its denim to world class companies like Armani, Versace and Tommy Hilfiger.
4. Sintex has over past 3 years outperformed Sensex and same is expectd in times to come also. Stock is trading at 15 times its FY08 earnings.
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