Technically Sintex remains weak, as on Friday 8th December '17
On Friday it fell with larger than average volumes below the support level of 23.75. This happened in a strong market. The scrip is trading near its bottom. Further entry into the stock is advisable, when it rises and sustains above 24 with good volumes. This rise may even happen on this Monday, or it may take weeks. Twenty three is another support for this stock. Let us see whether that level holds.
Dear Somitosh, those investing in share market need to be patient for the value to be reflected in market price. While during this uncertainty, we can hold our existing positions, if we have faith in our original decision. I agree that it is a value play, as very well documented by Sanjay above.
Disclosure: currently holding one share but will invest more.