Sintex Share Price Strength and Weaknesses.

Established in the year 1975, the Sintex group is the leading providers of plastics and niche textile-related products in India. Sintex’s aura is spread across European, American, African, and Asian markets including countries like France, Germany and USA. On 14th July 2016 Sintex Share Price opened at Rs 81.85 from a previous closing of Rs 82.45, down by 0.79 % on NSE. The intraday high and the intraday low of the day read at Rs 82.65 and Rs 81.60 respectively. Sintex Group's chief business comprises of Building products, Custom mouldings and Textile.

Key strengths: Their strength lays in their people, to be more precise the employees of Sintex Share Price, in India and abroad, is the organization’s greatest assets. In addition to that they cherish the firmly rooted values of the company. Secondly the prime feature of Sintex’s growth is the constant innovation. The innovative ideas are not just limited to the products but they are also enforced in the manufacturing processes, markets and management policies. Thirdly the focus has been maintained to align its businesses with the growing sectors of economy. Be it health, education or telecom, Sintex’s presence is felt all over, hence ensuring growth even in the hard times. Next in line is the Global footprint: From a Kalol based Indian company, Sintex has come a long way and became a global group with its presence in 9 countries across 4 continents.

Sintex Financials:

Revenue: The revenue earned for the March 2016 quarter amounts to Rs 1,390.78 crores. A marginal increase was seen as if we compare it to the quarter ended December 2015 where the revenue of the Company was recorded at Rs 1,342.95 crores.

Net Profit:The Net profit witnessed a rise of almost Rs 50 crores between the quarters of December 2015 and March 2016. For the quarter ended December 2015 the net profit was Rs 158.57 crores, where as the March quarter it is Rs 205.65 crores. This marked a growth of almost Rs 50 crores.PBT: The Profit before Tax for Sintex for the 31st March 2016 quarter end was Rs 268.41 crores. This was higher by almost Rs 78 crores as compared to the previous quarter. The previous quarter recorded a PBT of Rs 190.02 crores.EPS: Starting from the quarter ended 31st March 2015 the EPS (Earning per share) of Sintex is as following. • March 2015- 4.47• June 2015- 1.33• September 2015- 2.88• December 2015- 3.56• March- 4.61

Sintex share price movement:Sintex Share Price recorded a lifetime high of Rs 310.00 on 3rd January 2008 and a lifetime low of Rs 2.10 on 18th October 2001. Sintex Share Pricebroke its closest resistance level of Rs 78.15. The 52 week high of Sintex share price is recorded at Rs. 121.70 (05-Aug-15) and the 52 week low stands at Rs. 63.50 (12-Feb-16). The market cap of Sintex share price amounts to Rs. 3681 crores (14th July 2016)