Sintex Plastics Technology breaches lower circuit

DSIJ Intelligence / 09 Aug 2017

Sintex Plastics Technology breaches lower circuit

Sintex Plastics Technology is locked in the lower circuit at Rs 117.35 per share, down by Rs 6.15 per share or 4.98% as of 0922 hours. The shares traded on a new 52-week low value of Rs 117.35.

Sintex Plastics Technology is locked in the lower circuit at Rs 117.35 per share, down by Rs 6.15 per share or 4.98% as of 0922 hours. The shares traded on a new 52-week low value of Rs 117.35. The total traded volume stood at 2,00,002 shares and the total traded value was Rs 2.35 crore.
 
The equity shares of Sintex Plastics Technology (Scrip Code: 540653) were listed on Tuesday and admitted to dealings on the BSE in the list of ‘T’ Group Securities, while on the NSE the stock is placed in the BE series. BE category shares fall in ‘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 witnessed upper circuit as well as lower circuit on its very first trading session on the NSE on August 8. The company was demerged from Sintex Industries in the month of May 2017. The company makes prefabricated structures, custom moulding, and storage tanks.

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