How to Analyze Sintex Plastic Share Price
There are several ways to analyze Sintex Plastic Share Price. Among them, we’ll look at the company’s Market capitalization, its Subsidiaries, and Earnings per share. After reading these details, you can make a decision as to whether to invest in the stock or not.
Sintex Plastics Technology Limited
Sintex Plastic Share Price Technology Limited (SPT) is a global conglomerate that manufactures and sells plastic products. It operates through two segments: Custom Molding Business (CM) and Infrastructure, Prefab & Other Business (IPB). Its product portfolio includes interior and exterior trims, electrical components, water management solutions, and green products. In addition, it also manufactures and markets a range of products for various industries, including automotive parts and two-wheelers.
Sintex Plastic Share Price Technology Limited has no MF ownership and no recommendations. Its top peers include Brand Concepts Ltd., Arrow Greentech Ltd., Fiberweb (India) Ltd., Pearl Polymers Ltd., and Plastiblends India Ltd. Other notable peers include Dhunseri Ventures Ltd.
Its share price was 3.55 on the BSE’s last trading day. This was a decline of -1.39% from the previous trading day’s closing price. Its total volume on the two exchanges was 1,149,701 shares. Its turnover was Rs 0.41 crores.
To start trading in Sintex Plastic Share Price Technology, you will need to open a Demat account. To do this, go to the Dhan App or the Dhan Web website and sign in. From there, simply type the stock’s name into the search field. A list of similar stocks will appear on the page.
Sintex Plastic Share Price Technology Limited is a global conglomerate with operations in India, the United States, and Europe. The company offers products for interiors, water storage solutions, electrical appliances, and industrial solutions. The company also provides custom molding services and EPC contracts for various infrastructure projects.
Investors should be wary of the latest developments in Sintex Plastic Share Price subsidiaries. The company has defaulted on payments of interest on non-convertible debentures worth Rs86 crore to its investors, including Vijaya Bank, Union Bank, and State Bank of India. These defaults are affecting the company’s finances.
The group’s subsidiaries include Sintex-BAPL Limited, which specializes in developing custom molded products, and Sintex Prefab and Infra Limited, which is engaged in infrastructure projects, engineering, procurement, and construction. It also has a presence in Africa and Asia. In addition to plastic molds, the company also produces electrical, water storage, and interior products.
The plastic division has been expanding its business portfolio in recent years. It introduced a new brand of a tank in 1997 and forayed into the pharmaceutical industry the following year. In addition, it has installed two captive power plants with a 3.8-MW capacity each. The company has also installed a 990-MT plastic thermoforming line.
Another subsidiary,Sintex Plastic Share Price Technology, is involved in the manufacture of water storage tanks and other building products. However, the company is struggling with a liquidity crisis and other macroeconomic conditions. Hence, it may take a while before it is profitable.
In addition to Sintex Industries Ltd., Sintex Plastics has subsidiaries in Australia, France, and China. The company’s plastic water tank manufacturing division is in talks with investors, including Carlyle Group, TPG Capital, and Blackstone Group LP. The company is valued at about $200 million.
Earnings per share
When looking for companies to invest in, you may want to look at the company’s Earnings Per Share (EPS). This metric can help you determine if the company is undervalued or overvalued. It can also help you find the best stocks to add to your portfolio.
Sintex Plastic Share Price, Reliance Industries and Assets Care & Reconstruction Enterprise (ARCE)
Sintex Plastic Share PriceLimited, Reliance Industries Ltd., and Assets Care & Reconstruction Enterprise (ARCE) are companies with high share price growth. Investors should be familiar with the company’s financial statements and key business metrics to make informed decisions when buying or selling these stocks.
Sintex Plastics Technology Limited
While trading in the stock market is generally risky, there are a number of strategies that can help you to increase your returns. One of the best strategies for beginners is to read up on the fundamentals and market conditions of the company. A bear market is much more difficult for a beginner to navigate than a bull market.
Before buying shares of Sintex Plastic Share Price Technology Limited, it is important to understand the company’s business. Its business includes the development of custom-molded products. Its subsidiaries also include Sintex-BAPL Limited, which develops high-end custom molded products. Sintex Prefab and Infra Limited, meanwhile, focus on engineering, procurement, and construction.
The company operates in India, the United States, and Europe. Its two business segments are Custom Molding Business (CM) and Infrastructure, Prefab & Other Business (IPB). It offers a variety of plastic products, including interior and exterior trims, electrical and green products, and automotive parts.
Sintex Plastic Share Price Industries has taken a tumble after the stock exchanges on Monday suspended trading of the company. The suspension comes after the lenders of Sintex Industries approved the joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) to acquire the debt-ridden textile firm. The resolution plan will see the share capital of Sintex Industries reduced to zero and delisted from the stock exchanges. The deal will also see the firm’s assets being acquired by Reliance Industries and Assets Care – Reconstruction Enterprise Limited (ACRE).
To open trade in Sintex Industries, you will need a Demat account. The first step is to go to the Markets tab and then enter the stock name in the search field. You can then click “Buy” or “Sell” to make a purchase.
The share price of Sintex Industries has been falling for some time now. However, it might soon become oversold and reverse its trend. While the stock is still far from a buy signal, there are some key support and resistance levels in the stock price chart that you should watch for. If the price changes at one of these levels, it might be a sign of a doji.
If you have an existing Dhan account, you can look up the share price of Sintex Plastics Technology in the Markets tab. From here, you can view the stock’s open, high, low, and other related information. In addition, you can view other technical indicators and charts for the stock.
Investors have rushed to buy the company’s stock following the news that it has entered insolvency. The resolution plan calls for the company’s share capital to be reduced to zero and it will be delisted from the stock exchanges. The company is also advising retail shareholders to sell their shares.
The company produces a variety of plastic products for different segments of the economy. These products include water tanks, tank covers, and PVC pipes. The company has also expanded into other markets, such as fashion. It recently acquired the IPR for the Lee Cooper brand in India and has stakes in other fashion brands. It also had a successful partnership with Burberry Group Plc, a major global brand.
The insolvency proceedings against Sintex Industries were initiated in April last year, when the company admitted to debts of more than Rs 7,000 crore. However, the company still must receive approval from the NCLT before the resolution plan can be implemented.
Reliance Industries is one of the largest conglomerates in India, with subsidiaries in oil and natural gas. It also has interests in textiles, telecommunications, and special economic zone development. Its largest petroleum refinery and petrochemicals complex is in Jamnagar. Besides making petrochemical products, Reliance Industries also manufactures basic chemicals, such as gasoline, fertilizers, and nitrogen compounds. Finally, the company produces plastic and synthetic rubber in primary forms.
Assets Care & Reconstruction Enterprise
The Assets Care & Reconstruction Enterprise, or ACRE, Sintex Plastic Share Price is now down by 5 percent on the NSE today. The company’s stock is trading at Rs 7.81. Despite the recent downfall, investors are buying the stock.
According to reports, Sintex Plastic Share Price Industries Ltd has proposed a resolution plan which proposes the delisting of the company from stock exchanges. The resolution plan also recommends that retail shareholders should liquidate their investments. however, the company has extended the deadline twice.
The company’s debts were higher than the company could afford to pay. Several reports claim that the lenders have taken a 50 percent haircut. If the company does not get a new credit line, it will be delisted. As a result, investors will lose a lot of money.
The resolution plan has been approved by the CoC. The company’s debtors owe around Rs 7,500 crore to it. The Insolvency & Bankruptcy Code does not allow any bidder to acquire a company without the CoC’s approval.
The company is undergoing a major restructuring. The restructuring plan involves de-merging the non-core business from the core to unlock more value for shareholders. The company is now focusing on the two core businesses, textiles, and plastics. It also focuses on prefabrication and infrastructural work.
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