 "Sintex Industries zooms 47% in 7 days after Morgan Stanley stake buy")
Sintex Industries hit 52-week high of Rs 38.55, up 10% on the National Stock Exchange (NSE) in intra-day trade, on back of heavy volumes.
The stock of plastic products maker has rallied 47% in past seven trading sessions from Rs 26.15 after foreign institutional investor, Morgan Stanley bought nearly one per centage point stake through open market purchase.
On July 12, 2017, Morgan Stanley (France) S.A.S. had purchased 3.57 million equity shares representing 0.64% stake in Sintex Industries at an average price of Rs 28.95 per share, the NSE bulk deal data shows.
At 03:11 pm; the
The stock of plastic products maker has rallied 47% in past seven trading sessions from Rs 26.15 after foreign institutional investor, Morgan Stanley bought nearly one per centage point stake through open market purchase.
On July 12, 2017, Morgan Stanley (France) S.A.S. had purchased 3.57 million equity shares representing 0.64% stake in Sintex Industries at an average price of Rs 28.95 per share, the NSE bulk deal data shows.
At 03:11 pm; the
