Should You Buy Sintex Industries Share?

The Sintex industries Demerger completed in May 2017. The Sintex Industries continued to hold the textile business and it was separated from the Sintex Plastics after the demerger. Sintex Plastics is less capital-intensive in nature and it has been making good profits, since the demerger has occurred. It has an established leadership in the business with a product basket that is made up of industrial products. This explain why the investors preferred to invest in Sintex plastics instead of the textile business, which was battling debt during and after the demerger.
Recently, the grip of Sintex Industries in the market has been loose. Hence, holding the stocks for a longer term makes sense. However, if you wish to buy stocks of Sintex Industries in the short term,then you may not get good returns. There are many companies in the market that have shown signs of revival in the long term. So, the answer to the question whether you should buy shares of Sintex Industries or not depends on whether you wish to buy the shares for short term or a long term.

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