Sintex Industries may touch Rs 125-130: Sharmila Joshi

Sharmila Joshi, Independent Market Expert is of the view that Sintex Industries may tocuh Rs 125-130 in next 9-12 months.

Sharmila Joshi, Independent Market Expert told CNBC-TV18, ""For Sintex Industries  there are two broad divisions, plastics as well as textiles. In textiles, they are going to commission a spinning mill and that is going to add to their topline and plastics will also deliver 15-20 percent kind of revenue growth over next couple of years."

"So, even just going by that, and going by very conservative growth target, giving both the spinning business as well as their plastic business, you can comfortably expect prices closer to Rs 125-130 on Sintex Industries within next 9-12 months," she added.

Disclosure: Analyst personally does not hold the stock.

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