0.85%
5.00INR
130.545MINR
10.177BINR
28.552M
About SIGNET INDUSTRIES
Sector
CEO
Mukesh Sangla
Headquarters
Indore
Website
Employees (FY)
406
Founded
1985
ISIN
INE529F01035
Signet Industries Ltd. engages in the trade of polymers and other products. It also manufactures micro irrigation systems. The firm operates its business through the following segments: Manufacturing, Wind Power Unit, and Trading. The Manufacturing segment manufactures irrigation and plastic products. The Wind Power Unit segment covers the wind turbine power units. The Trading segment involves merchant trading of various products. It also offers sprinkle pipe, polyvinyl chloride pipes, agro fittings and its allied products; as well as household and plastic molded furniture. The company was founded on January 29, 1985 and is headquartered in Indore, India.
SIGNET INDUSTRIES BREAKOUTmarch 7/03/2023
Signet industries is near an important resistance-turned support zone , where it gave a breakout from a cup and handale pattern.
Targets of 55-57 can be achieved in the short term. Wait for further consolidation and confirmation for the stock to touch its recent 52 week high.
Signet Industries LongPromoters increasing stake in the company
Signet Industries has an operating revenue of Rs. 826.99 Cr. on a trailing 12-month basis. Annual revenue de-growth of -6% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 7% is fair but needs improvement. The company has a reasonable debt
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