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.
| Current Price | ₹29.21 |
|---|---|
| Market Cap | ₹1,537 Cr |
| Sector | Consumer Discretionary > Consumer Durables and Apparel > Textiles, Apparel and Luxury Goods |
| Sub-Industry | Textiles > Textile Mill Products |
| P/E Ratio | 55.1 |
| Return on Equity | 13.76% |
| 52-Week Range | ₹11.05 – ₹40.55 |
| Beta (1Y) | 0.15 |
| Dividend Yield | 0.00% |
Sumeet Industries Ltd. is trading at ₹29.21, with a market capitalisation of ₹1,537 Cr.
Sumeet Industries Ltd. operates in the Consumer Discretionary > Consumer Durables and Apparel > Textiles, Apparel and Luxury Goods space (Textiles > Textile Mill Products).
Sumeet Industries Ltd. has a P/E of 55.1 and a return on equity of 13.76%.