Sintex Industries is pure economic play. It manufactures so many things that is good to play economic recovery. From prefabricated building products, Water Tanks, Dust Bins, Many other molded products and other things used in defense etc are part of its manufacturing. Company has some debt but now it is restructuring.
Sintex Industries - CMP: 117.
Amtek Auto is another stock which is similar to Sintex in one sense. It also has so many products manufactured through its subsidiaries. Its Sales is increasing rapidly and profit is also increasing but most of the profit is getting eaten up by interest. It has taken lots of debt for acquisition. Management told that it may sell some stake in any subsidiaries to reduce debt.
Amtek Auto - CMP: 155.65.
Amtek Auto is consolidating so wait and watch before buying it. Though I don't think it will go much down from here. You can buy in some quantity and add later on.
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Feb 26, 2015
Stocks Ahead of Railway Budget 2015 by Suresh Prabhu
Ahead of Railway budget, if you are searching for stocks which can gain and are in good condition then you can look for A2Z Maintenance (A2z Infra Engineering Ltd), Zicom Electronic Security and Nitin Fire Protection.
Zicom Electronic Security mentioned at Rs 157.30 in Dec 2014. It is currently trading at Rs 185.
A2z Infra Engineering Ltd takes cleaning contracts from Railway and other maintenance work. But its Balance Sheet is not in good shape. Winning big contract can give it push.
Zicom Electronic Security mentioned at Rs 157.30 in Dec 2014. It is currently trading at Rs 185.
A2z Infra Engineering Ltd takes cleaning contracts from Railway and other maintenance work. But its Balance Sheet is not in good shape. Winning big contract can give it push.
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