SUMEETINDSSumeet Industries Limited
Consumer Durable · Textile Manufacturing · NSE · as of 2026-09-11 (delayed ~30 min in market hours)
Sumeet Industries Limited manufactures and sells polyester chips and polyester yarns in India. The company provides pet chips, polyester and textile grade chips, as well as partially oriented, fully drawn, polyester texturized, microfilament, carpet, and dope-dyed black yarns. It exports its products to Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, the United States, Singapore, and Turkey, etc. The company was formerly known as Sumeet Synthetics Limited and changed its name to Sumeet Industries Limited in 1996. Sumeet Industries Limited was incorporated in 1988 and is based in Surat, India.
Price & Volume
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Key Ratios
“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.
Active Pattern Signals
None of the 16 pattern scanners currently detects a setup on SUMEETINDS — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.
Why avoid
- • Overall evidence is weak (AlgoScore 26/100)
- • Profit growth: -99.0% YoY
- • ROCE: 10.3%
- • RSI: 17
- • Price vs EMA21: below
Bull case
- • Debt/Equity: 0.75
- • Promoter holding: 73.5%
- • MACD: bullish
- • Trend strength (ADX): 63
Bear case
- • Profit growth: -99.0% YoY
- • ROCE: 10.3%
- • RSI: 17
- • Price vs EMA21: below
Key risks
- • Elevated volatility / drawdown profile — size positions accordingly
- • Weak fundamentals — technical strength may not sustain
- • Momentum is fading versus the broader market
- • Profit growth: -99.0% YoY
- • ROCE: 10.3%
Algorithmic analysis for research only — not SEBI-registered investment advice.
Trade Plan
Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.68). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.