/ Sintex Industries Soars Over 11% On Huge Volumes ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 13 July 2017

Sintex Industries jumped 12.71% at Rs 33.25 per share post-lunch hours. The stock witnessed huge traded volume of 7,57,67,072 shares and traded value of Rs 24,768.26 lakh.

The surge of activity in the stock came after Morgan Stanley bought nearly 36 lakh shares in the company in a bulk deal on Wednesday. 

Morgan Stanley (France) SAS bought 35,69,625 shares on Wednesday at an average price of Rs 28.95. Besides, Adroit Financial Services was seen buying 31,40,067 of the company’s shares at Rs 28.39 per share and selling 30,16,796 shares at an average price of Rs 28.50 per share, reported a daily

Sintex Industries Limited is engaged in the manufacturing of plastic products, and spinning, weaving and finishing of textiles. The company’s segments include Textiles, Plastics and Infrastructure. 

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