Trading Tips
Sumeet Industries is one of the leading Polyester value chain company`s in India and has now grown in to a huge conglomerate with various business with an annual turnover of Rs.1200.00 Crores. The company has five major divisions: C.P, POY, FDY, Texturising and Carpet Yarn thereby is having an integrated manufacturing facility for producing POY and FDY directly from MEG and PTA, Twisting and Texturising.
Today, Sumeet Industries is one of the leading Polyester value chain company`s in India. Despite company`s focus on Indian market, it never lost the opportunity to cater to the growing polyester markets globally. The Company is exporting to Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, USA, Singapore and Turkey etc.
Sale is growing qtr to qtr,net profit is growing. Promoters are buying & will buyback 5 percent from market.Everything is positive in Sumeet industries and soon we will see share of sumeet at new highs.
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