Sintex Industries extends fall on F&O exclusion

Shares of Sintex Industries today tanked by nearly 6% after the NSE said the counter was being excluded from its derivatives segment.

Sintex Industries extends fall on F&O exclusion
MUMBAI: Falling for the second day in a row, shares of Sintex Industries today tanked by nearly 6 per cent after the National Stock Exchange said the counter was being excluded from its derivatives segment.

Shares of the company ended the day 5.59 per cent lower at Rs 41.40 on the BSE. Intra-day, the stock plunged 7.86 per cent to Rs 40.40 -- its 52-week low on the BSE.

At the NSE, the scrip was down 5.25 per cent to Rs 41.55. In terms of volume, 6.14 lakh shares of the company changed hands on the BSE, while over 45.76 lakh shares were traded on the NSE.

"Participants are requested to note that Sintex Industries Limited shall not be available for transactions in Securities Lending & Borrowing Scheme (SLBS) with effect from August 30, 2013," the NSE said in a circular on Wednesday.

Meanwhile, in the stock market, the BSE benchmark Sensex was up 54.95 points to 18,774.24.
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