Recommend wait and watch for Sintex Industries: Deepak Shenoy

In a chat with ET Now, Deepak Shenoy, Founder, Capital Mind, shares his views on Sintex Industries.

ET Now: Are you still holding on to your position in Sintex?

Deepak Shenoy: No, we have actually had a stop loss hit on that. Of course we picked it up a long time earlier.

So it was easy for us to be able to exit but we have seen that the stock is, or it is a good stock, it is just now showing price momentum and there is no real trigger right now. So a lot of the things that should have happened have not yet happened, we will wait for results and take another position again.