Is sintex an Indian company?

Is sintex an Indian company?

Sintex group, formerly known as The Bharat Vijay Mills Ltd and Sintex Industries Ltd, is the world’s largest producer of plastic water tanks and Asia’s largest manufacturer of corduroy fabrics….Sintex.

Type Public company
Traded as BSE: 540653 NSE: SPTL
Industry Plastics
Founded 2017
Headquarters India

What are the products of Sintex Industries?

In the plastic division , the company manufactures the following: storage solutions for water, oil and fuel; prefabricated structures, monolithic structures, industrial custom moulded products, consumer custom moulded products and interiors products.

Is sintex a good company?

Sintex is a great organisation where one can explore his skills & ability in direction of achieving excellence & growth of organisation as well as of self. It’s one of the great organisation towards employee satisfaction.

Who is the owner of Sintex?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Sintex Industries Ltd….PREMARKET.

Management
Amit D Patel Managing Director
Hitesh Dihiye Chief Financial Officer
Hitesh T Mehta Co. Secretary & Compl. Officer
Jayesh Khatsuria Non Executive Director

Who is going to buy Sintex Industries?

MUMBAI : A consortium led by Reliance Industries Ltd (RIL) is among companies seeking to acquire Sintex Industries Ltd, the bankrupt textile maker said in a stock exchange filing on Sunday.

Will Sintex plastic recover?

No chance of recovery, Sintex lenders in talks with three players to sell firm.

Who will buy Sintex Industries?

Mukesh Ambani’s Reliance Industries Ltd., along with a partner, are among those bidding to take over bankrupt Indian textile firm Sintex Industries Ltd., according to a stock-exchange filing, as the billionaire attempts to diversify from an oil empire and into telecommunications, green energy and fashion.

What is the problem with Sintex Industries?

According to the annual report, the company is undergoing substantial financial stress and severe liquidity constraints coupled with changed industrial dynamics, time and cost overrun in completion of its projects.

Is Reliance buying Sintex Industries?

Reliance is partnering with Assets Care & Reconstruction Enterprise Ltd. to bid for the company under a court-appointed bankruptcy resolution process, Sintex said in a filing on Sunday.

Why Sintex shares are falling?

Higher costs, rising debt and sluggish demand have depleted cash. The parent recently defaulted on debenture payments. Things are so dire even the promoters, with the majority of their holdings pledged, didn’t convert warrants into equity, underscoring their lack of confidence in the business.

Who will buy Sintex?

Will sintex share go up?

SINTEX is trading in the upper range of yearly prices. SINTEX is trading in the upper range of the quarterly prices. The NSE share SINTEX Sintex Industries appears to be moving upwards constantly….

Downside intraday target 5.55
Downside short term target 4.62
Downside mid term target 4.13
Downside long term target 3

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