Sintex plastic, i think markets are expecting EPS of 9 this years , I believe It will be around 7-8 . If they pull out 9 then still considering state of their balance sheet its fairly priced around 11- 12 PE , but if EPS comes around 7-8 then you have down side of 10-15% .
So i don’t think there is a huge downside to this stock and Debt going to off its balance sheet going forward is the theme to watch out.
Its fairly priced, stock its not cheap , I would love to buy it at 80. There is lot of upside potential if the guys running it do the right things. (in my view its not the very well run company)
Also , Promoter’s stake is low.