Sintex Ind gains on plan to divest stake in Zep Infratech to Khadayata Decor - The New Indian Express

Sintex Ind gains on plan to divest stake in Zep Infratech to Khadayata Decor

Published: 26th March 2014 03:19 PM

Last Updated: 26th March 2014 03:19 PM

Sintex Industries shares gained on Wednesday after the company has decided to disinvest its entire equity stake in Zep Infratech, the wholly owned subsidiary of the company to Khadayata Decor.

Shares of the company are trading at Rs 42.45, up Rs 0.95, or 2.29% at the Bombay Stock Exchange (BSE) on Wednesday at 1:36 p.m. The scrip has touched an intra-day high of Rs 43.35 and low of Rs 41.85. The total volume of shares traded at the BSE is 1,413,004.In the earlier session, the shares declined 0.24%, or Rs 0.1, at Rs 41.50.Currently, the stock is trading down 26.81% from its 52-week high of Rs 58 and above 151.18% over the 52-week low of Rs 16.90.

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