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Sintex Industries falls on profit booking

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Capital Market
Last Updated : Dec 04 2013 | 11:56 PM IST

Sintex Industries fell 1.47% to Rs 33.50 at 13:22 IST on BSE on profit booking after the recent upmove.

Meanwhile, the S&P BSE Sensex was down 20.15 points, or 0.1%, to 20,834.77

On BSE, 9.9 lakh shares were traded in the counter as against an average daily volume of 16.80 lakh shares in the past one quarter.

The stock hit a high of Rs 34.10 and a low of Rs 33.20 so far during the day. The stock had hit a 52-week high of Rs 73.50 on 15 January 2013. The stock had hit a 52-week low of Rs 16.90 on 4 September 2013.

The stock outperformed the market over the past one month till 3 December 2013, rising 0.29% compared with the Sensex's 1.81% fall. The scrip also outperformed the market in past one quarter, surging 98.25% as against Sensex's 14.37% rise.

The small-cap company has an equity capital of Rs 31.31 crore. Face value per share is Re 1.

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Shares of Sintex Industries were on a roll recently, advancing 17.24% in four trading days to Rs 34 on 3 December 2013 from a recent low of Rs 29 on 26 November 2013. The stock had remained unchanged at Rs 29.45 on 28 November 2013.

Sintex Industries' consolidated net profit rose 0.8% to Rs 72.92 crore on 13.3% increase in total income to Rs 1365.41 crore in Q2 September 2013 over Q2 September 2012.

Sintex Industries is a dominant player in plastic and textile business segment. With global footprints spanning 9 countries, Sintex has a strong presence in the European, American, African, and Asian markets including countries like France, Germany and USA.

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First Published: Dec 04 2013 | 1:25 PM IST

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