This morning, Sintex share price rallied up by almost 4 per cent in today’s trading session. The stock opened at Rs 79.30 as compared to its previous closing at Rs 78.75. The stock touched the day high and low at Rs 83.40 and Rs 79.30. Approximately 1,00,26,899 shares are traded in the counter since the commencement of today’s trade with a traded value of Rs 8,195.99, on the counter of NSE.
Sintex group is one of top providers of plastics and niche textile-related products in India. With footprints spanning accross 9 countries, Sintex has a strong presence in the European, American, African as well as Asian markets including countries like France, Germany and USA.
The Company was established in the year 1931 and has a track record of pioneering innovative concepts in plastics along with textile sectors in India and an uninterrupted 82 years of dividend payment to its shareholders.
Stock Fundamentals
- 52 week high - 105.58 on 15th October 2015.
- 52 week low - 61.65 on 12th February 2016.
- Lifetime High - 274.01 on 3rd January 2008.
- Lifetime Low- 11.34 on 18th October 2001.
- Average daily movement (ADM) - 2.68.
- Average volume (20days) – 37,47,604.
- 1 month return (%) - 10.06 per cent.
- PE ratio - 6.48.
- Promoter holding pledged - 47.19.
Sintex ratio analysis
| Sl no. | Name | Ratio |
| 1 | Current Ratio (x) | 2.22 |
| 2 | Quick Ratio (x) | 1.99 |
| 3 | Dividend yield (%) | 0.88 |
| 4 | Interest Coverage ratio (x) | 5.08 |
| 5 | Debt equity ratio (x) | 1.06 |
| 6 | Return on Asset (%) | 5.00 |
| 7 | Return on Equity (%) | 11.40 |
As of now, Sintex share price is trading at Rs 81.05 apiece on NSE. Dynamic Levels have identified Sintex as the top 500performing stocks for this quarter amongst the 1700 stocks listed on NSE, owing to its strong fundamentals.
In order to acquire further details on the support and resistance refer to Sintex share price forecast.
No comments:
Post a Comment