Q4FY2013 earnings below estimate: In Q3FY2013, Jaiprakash Associates (JP Associates) posted a net profit of Rs123.5 crore (a decline of 56.5% year on year (YoY), which was below our estimate of Rs131 crore.

Sintex Industries’ businesses gained further strength in December 2012 quarter (Q3) as it reported five quarter high revenue growth of 23% led by a rebound in international custom moulding and monolithic businesses, which saw a jump of 27.5% and 40%

Sintex Industries Ltd (SIL) has drawn flak from broking house Nirmal Bang Securities, which has questioned the company’s corporate governance practices, following a report that said the Directorate of Revenue Intelligence (DRI) had seized an

Debt-ridden Sintex has initiated restructuring of its loans, which should help strengthen its balance sheet and revive its business fortunes.

Meanwhile, the board has decided to close the said issue for an aggregate amount of $140 million, with a fixed rate of exchange of Rs 54.959 equal to $ 1.00 (as on November 15, 2012).

Even as Sintex Industries posted another set of weak financial performance in the September quarter with consolidated margins dropping 200 basis points year-on-year, its stock has gained nearly four per cent led by improved business outlook and proposed

Even as Sintex Industries posted another set of weak financial performance in September 2012 quarter with consolidated margins dropping over 200 basis points year-on-year, its stock has gained nearly 4% led by improved business outlook and proposed

Sintex Industries has moved higher by 6% to Rs 74.25 after reporting 86% year on year (y-o-y) growth in net profit at Rs Rs 72.35 crore for the quarter ended September 2012, due to lower foreign exchange loss.

Leading plastics goods player Sintex Industries is eying single digit growth in revenues in the current financial year over last fiscal.

Leading plastics goods player Sintex Industries is eying single digit growth in revenues in the current financial over the last fiscal.

Sintex Industries is trading higher by 3% at Rs 64.05, extending its previous day’s 6% rally on getting shareholders approval for fund raising up to Rs 1,800 crore.

Sintex Industries is trading higher by 5% at Rs 60.80, extending its previous day gain of around 1%, after the company said that, the public sector insurance giant Life Insurance Corporation of India (LIC) has acquired shares worth of Rs 6 crore through

Textiles and plastics firm Sintex Industries today said its consolidated net profit declined by 46.84% to Rs 88.42 crore for the fourth quarter ended March 31, 2012, due to reduction in demand in both domestic as well as international markets.

Sintex Industries is trading lower by 3% at Rs 59, after reporting 46% year-on-year (y-o-y) fall in its consolidated net profit at Rs 91 crore for the fourth quarter of FY12. Total income too, declined 31% at Rs 1,015 crore on y-o-y basis, the plastic

As per management there is a slowdown in Monolithic construction especially on account of delay in getting clearances from the government.

With its monolithic business witnessing a slowdown, Ahmedabad-based Sintex Industries has witnessed a 27 per cent decline in its consolidated net profit for the third quarter ended December 31, 2011. As against Rs 112.81 crore for the corresponding period

Textiles and plastics firm Sintex Industries today said its consolidated net profit declined by 27.13% to Rs 82.20 crore for the quarter ended December 31, 2011, primarily due to depreciating rupee and slow down in its building products business.

Analysts raise red flag as operating, financial metrics show signs of stress.

VIP Industries, Sintex Industries, Suzlon Energy, ARSS Infrastructure Projects and Adani Enterprises have plunged more than 8% each on the back of huge volumes.

MTM losses on weak rupee hurt profits, but analysts positive on stock after price correction.