Intrinsic Value

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Sumeet Industries reports consolidated net loss of Rs 33.38 crore in the September 2022 quarter

The current market cap of the company is Rs68.71 crore.

Sumeet Industries’ Karanj plant to remain shutdown for 15 days; Stock sheds 4%

Sumeet Industries consolidated net profit rises 58.72% in the December 2021 quarter

The company is into textiles and its products are polypropylene filament yarn, grey cloth, etc.

Sumeet Industries pays OTS amount to SBI; Stock trades higher

The shutdown is for general and other scheduled maintenance works.

Sumeet Industries to shutdown plant in Surat for scheduled maintenance

Sumeet Industries reports consolidated net profit of Rs 1.87 crore in the September 2021 quarter

Sumeet Industries reports consolidated net profit of Rs 0.11 crore in the June 2021 quarter

Sumeet Industries reports consolidated net profit of Rs 12.19 crore in the March 2021 quarter

Pokarna, Rico Auto Industries, Sumeet Industries, Talbros Engineering, TCNS Clothing, and VST Tillers Tractors are set to release their quarterly earnings today.

Important results today: Info Edge, Oil India, VST Tillers

Sumeet Industries reports consolidated net profit of Rs 5.62 crore in the December 2020 quarter

BRIEF-Sumeet Industries’ Dec-Quarter Profit Falls

Sumeet Industries Limited is an India-based company that is engaged in yarn manufacturing business. The Company is engaged in the business of manufacturing and exporting polyester yarns, which include partially oriented yarn (POY) and fully drawn yarn (FDY); polyester (PET) chips, polyester textured yarn and carpet yarn. Its range of POY products are available for draw texturizing as well as air texturizing, draw twisting and draw warping applications. The Company produces polyester semi-dull intermingled POY as well as bright yarn and dope-dyed black yarn. It offers FOY products, including semi-dull raw white FDY, bright raw white FDY and super bright dope-dyed FDY. It is also producing yarns of 75 Deniers, 100 Deniers, 126 Deniers, 150 Deniers in various filaments both in semi-dull and in black color. The Company caters to both domestic and international markets. It exports its products to Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco and others.

Sumeet Industries Ltd

Sumeet Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Sumeet Industries reports consolidated net loss of Rs 33.38 crore in the September 2022 quarter

Sumeet Industries’ Karanj plant to remain shutdown for 15 days; Stock sheds 4%

Sumeet Industries consolidated net profit rises 58.72% in the December 2021 quarter

Sumeet Industries pays OTS amount to SBI; Stock trades higher

Sumeet Industries to shutdown plant in Surat for scheduled maintenance

Sumeet Industries reports consolidated net profit of Rs 1.87 crore in the September 2021 quarter

Sumeet Industries reports consolidated net profit of Rs 0.11 crore in the June 2021 quarter

Sumeet Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Sumeet Industries reports consolidated net loss of Rs 33.38 crore in the September 2022 quarter

Sumeet Industries’ Karanj plant to remain shutdown for 15 days; Stock sheds 4%

Sumeet Industries consolidated net profit rises 58.72% in the December 2021 quarter

Sumeet Industries pays OTS amount to SBI; Stock trades higher

Sumeet Industries to shutdown plant in Surat for scheduled maintenance

Sumeet Industries reports consolidated net profit of Rs 1.87 crore in the September 2021 quarter

Sumeet Industries reports consolidated net profit of Rs 0.11 crore in the June 2021 quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock