Sumeet Industries Limited
Share Price Target & Analysis
NSE:SUMEETINDS
VWAP
Open
Close
High
Low
52 Week High
0.00 (0.00%)
SUMEETINDS
(TEXTILES)Turnaround Potential
52 Week Low
EPS
PE
PB
Uncertain
Quality
Unclear
Valuation
#Analysis
NSE: SUMEETINDS Share Price Financial Analysis & Valuation
Sumeet Industries Limited (SUMEETINDS) is broadly categorized in TEXTILES segment industry which deals in Textiles - Manmade vertical.
It is one of Penny Stocks company with Market Capitalization of Rs 128.2 (in Cr). Total number of free float shares are 10.4 (in Lacs).
Sumeet Industries Limited is listed on NSE with Exchange ID - INE235C01010 and trading code is NSE:SUMEETINDS with short name Sumeet Ind.
In the past 1 year, Sumeet Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of SUMEETINDS at Rs 2.60, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:SUMEETINDS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SUMEETINDS underlying value and future prospects. All of this data is available in SUMEETINDS financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:SUMEETINDS, it is clearly understood that SUMEETINDS is Uncertain performer in terms of earnings and profit margins with an EPS of -.
Valuation of the Stock: The current valuation of SUMEETINDS stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SUMEETINDS whether to BUY this stock at current valuation.
Now, the main question is whether to BUY or SELL, NSE:SUMEETINDS at current valuation.
As per latest Analysis No. #1648:-
⇑ STRONG BUY SUMEETINDS if All Greens
⇗ BUY SUMEETINDS (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD SUMEETINDS (With Stop Loss) if only 1 Green
⇘ SELL SUMEETINDS if NO Green Indicator
NSE: SUMEETINDS Share Price Today (May 18, 2024)
(Sumeet Industries Limited Daily Analysis on the basis of SUMEETINDS Intraday Graph & Trend)
Sumeet Industries Limited share price moved Down by 0.00% from its previous close of Rs 2.6. SUMEETINDS stock last traded price is 2.60. SUMEETINDS share price trend is Down with a total of 1589675 stocks traded till now. It has touched an intraday high of Rs 2.60 and an intraday low of Rs 2.40. The SUMEETINDS trading at 2.60, Down by Rs. 0.00, or 0.00 percent which suggests that most of the Traders are anticipating that the price of SUMEETINDS share should go Down.
NSE: SUMEETINDS Share Price Tomorrow Prediction
(Sumeet Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SUMEETINDS)
Sumeet Industries Limited share price moved Down by 0.00%. SUMEETINDS share price short term trend is Down. It suggests that SUMEETINDS Share Price for Tomorrow remains the same with VWAP at 2.51 will be treated as stop loss for intraday traders. Sumeet Industries Limited Long term investors can follow the SUMEETINDS long term trend as mentiond in future forecast table.
NSE Code |
NSE: SUMEETINDS |
SUMEETINDS Share Price Today |
2.60 |
SUMEETINDS Share Price Target Prediction for 2024 ^ |
2 - 5 |
SUMEETINDS Share Price Target Prediction for 2025*^ |
5 - 5.2 |
SUMEETINDS Share Price Target Prediction for 2026*^ |
5.2 - 5.5 |
SUMEETINDS Share Price Target Prediction for 2027*^ |
6 |
SUMEETINDS Share Price Target Prediction for 2028*^ |
6 |
SUMEETINDS Share Price Target Prediction for 2030*^ |
6 |
| SUMEETINDS Current Book Value 2023 |
Data Not Available |
*Sumeet Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SUMEETINDS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
SUMEETINDS Technical Analysis
Candlestick Pattern: @2.6| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 2.4 | BUY | 2.42 | BUY |
| MA_12 | 2.2 | BUY | 2.29 | BUY |
| MA_20 | 2.16 | BUY | 2.3 | BUY |
| MA_32 | 2.33 | BUY | 2.43 | BUY |
| MA_50 | 2.62 | SELL | 2.6 | SELL |
| MA_100 | 3.31 | SELL | 2.88 | SELL |
| MA_200 | 3.07 | SELL | 3.49 | SELL |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 2.5 | OverBought |
| MACD | 0.09 | BUY |
| ADX | 29.06 | Strong Trend |
| DMI (+/-) | 31.14 / 20.71 | Uptrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 60.92 | Neutral |
| STOCHASTIC_K (Fast) | 103.06 | Overbought |
| STOCHASTIC_D (Slow) | 104.21 | Overbought |
| CCI | 187.58 | BUY |
| PSAR | 1.99 | BUY |
| TRUE RANGE | 0.2 | Neutral |
| ATR | 0.14 | Neutral |
| WILLIAMS R | 0 | Overbought |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 100 | Overbought |
| STOCHASTIC RSI D | 100 | Overbought |
| MOMENTUM | 0.2 | BUY |
| Duration | Value |
|---|---|
| 1 Year | -51.4% |
| 3 Months | -44.68% |
| 1 Month | 8.33% |
| 1 Week | 23.81% |
| Action | Overall (%) |
|---|---|
| BUY | 67% |
| NEUTRAL / HOLD | 13% |
| SELL | 20% |
Most popular Questions & Answers about SUMEETINDS
Sumeet Industries Limited stock last traded price is 2.60. SUMEETINDS share price moved Down by 0.00% from its previous close of Rs 2.6.
Sumeet Industries Limited share price trend is Down with a total of 1589675 stocks traded till now. It has touched an intraday high of Rs 7.474 and an intraday low of Rs 2.40. The SUMEETINDS trading at 2.60, Down by Rs. 0.00, or 0.00 percent which suggests that most of the Traders are anticipating that the price of SUMEETINDS share should go Down and the Stop Loss will be around 2.51.
The market cap of Sumeet Industries Limited is ₹128.2 (in Cr) as of May 17, 2024.
The current price to earning ratio for Sumeet Industries Limited as of May 17, 2024 is 19.50.
The current price to book ratio for Sumeet Industries Limited as of May 17, 2024 is N/A.
The highest price of Sumeet Industries Limited stock is ₹7.40 in the last 52-week.
The lowest price of Sumeet Industries Limited stock is ₹1.90 in the last 52-week.
Sumeet Industries Limited share trading at ₹2.60, Down by Rs. 0.00, or 0.00 percent which suggests that most of the traders are anticipating that the price of SUMEETINDS share should go Down.
In 2023, Stock price target for Sumeet Industries Limited (SUMEETINDS) are ₹2 on downside and ₹5 on upside. Sumeet Industries Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Sumeet Industries Limited (SUMEETINDS) are ₹5 on downside and ₹5.2 on upside. Sumeet Industries Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Sumeet Industries Limited (SUMEETINDS) are ₹5.2 on downside and ₹5.5 on upside. Sumeet Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Sumeet Industries Limited (SUMEETINDS) will be around ₹6 Sumeet Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SUMEETINDS.
As per the fundamental analysis of Sumeet Industries Limited (SUMEETINDS), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0.
NSE:SUMEETINDS News & Other Useful Information about SUMEETINDS Share Price
Peer Comparison of NSE: SUMEETINDS
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Textiles - Manmade
| Company | Price | EPS | BV |
|---|---|---|---|
| PASUPTAC | 38.90 | 1.21 | 35.42 |
| FILATEX | 55.75 | 2.49 | 24.76 |
| CENTENKA | 608.50 | 18.37 | 625.94 |
| VARDHACRLC | 56.75 | 2.18 | 30.23 |
| JBFIND | 4.30 | 0 | -346.5 |
| SUMEETINDS | 2.60 | 0 | -3.3 |
| SPYL | 3.20 | 4.47 | 0.21 |