1. I am bullish on the prospects of Sintex industries as it has pioneered the concept of monolithic construction in India and is the market leader in this segment. This concept is being used for generation of an affordable and mass housing in India and it has thus a lot of potential.
2. Moreover Sintex is sitting on huge order book of Rs1,400 crore and as a net result of business from this segment the revenues for the same is estimtatd to grow at a rate of 98% f6r next two years.
3. Another segment worth mentioning is its prefabricated structures gaining acceptance in the Indian market which will drive its business in conjunction with storage tanks for the water.
4. Stock can be bought with a target price of Rs 400 with in a time span of 18 months.
2. Moreover Sintex is sitting on huge order book of Rs1,400 crore and as a net result of business from this segment the revenues for the same is estimtatd to grow at a rate of 98% f6r next two years.
3. Another segment worth mentioning is its prefabricated structures gaining acceptance in the Indian market which will drive its business in conjunction with storage tanks for the water.
4. Stock can be bought with a target price of Rs 400 with in a time span of 18 months.
