Sintex Plastics Technology into negative territory

DSIJ Intelligence / 08 Aug 2017

Sintex Plastics Technology into negative territory

Sintex Plastics Technology has unlocked from its upper circuit and moved to the negative territory. The stock was trading at Rs 126.2 per share, down by Rs 3.80 per share or 2.92% as of 1236 hours.

Sintex Plastics Technology has unlocked from its upper circuit and moved to the negative territory. The stock was trading at Rs 126.2 per share, down by Rs 3.80 per share or 2.92% as of 1236 hours. The total traded volume stood at 1,74,35,251 shares and the total traded value at Rs 231.34 crore.
 
The equity shares of Sintex Plastics Technology (Scrip Code: 540653) were listed today and admitted to dealings on the BSE in the list of ‘T’ group securities, while on the NSE the stock was placed in the BE series. BE category shares fall in the ‘trade-to-trade’ or ‘T’ segment and intraday trade in these stocks is not allowed. This means trades can only be settled by accepting or giving the delivery of shares.
 
Sintex Plastics Technology had the hit upper circuit within the first few minutes of trade on its very first trading session on the NSE. The company was demerged from Sintex Industries in the month of May 2017. It makes prefabricated structures, custom moulding, and storage tanks.

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