Key stats
Market capitalization
228.013MINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−6.93INR
About SUMEET INDUSTRIES LTD
ISIN
INE235C01010
Sector
Process Industries
Industry
Textiles
Website
sumeetindustries.com
CEO
Sumeet Shankarlal K. Somani
Headquarters
Surat
Employees
626
Founded
1988
Sumeet Industries Ltd. is a manufacturer and exporter of polyester chips, polyester filament yarn, and polypropylene multifilament yarn. It also produces polyester semi dull intermingled partially oriented yarn. The firm exports pet chips and polyester yarns to Bangladesh, Egypt, Saudi Arabia, China, Argentina, Iran, Poland, Vietnam, Philippines, Israel, Morocco, Columbia, Ethiopia, Mexico, Nepal, U.S., Brazil, and Singapore. The company was founded by Shankarlal Sitaram Somani on August 1, 1988 and is headquartered in Surat, India.
Sumeet Ind Ready to Take OffSumeet Industries is extremely oversold as per rsi indicator.
I see kite pattern on chart ;-)
Sumeet can go upto the levels of 42 to 45 in short term and breakout above 45 opens up for higher levels which can lead it to 56 to 60 level in medium term.
Sumeet fundamentals are also good and one can c
Sumeet Industries : Quoting Near Support Zone ... {Bullish}To All Members , Sumeet Industries (A Textile Sector Company) Looks Good To Buy For Short Term ... It is Near the Reversal Zone And Made Rounding Bottom Pattern on Weekly Chart {Most Successful Pattern} ... Overall , It Looks Good For Short-Mid Term ...
Approach it for :
HIGHLY BULLISH ON SUMEET INDUSTRIESHigher Top Higher Bottom formation started in Sumeet Industries and it has recently came out above the ichimoku cloud so trend is clearly bullish on chart. Medium Term Target is 30
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence al
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