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Sumeet Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Sumeet Industries Limited | |||
 | Symbol: SUMEETINDS | ||
| Price: ₹3.8 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Sumeet Industries Brief Company Overview
- 1.1: Sumeet Industries Limited: A Trusted Name in Yarn Manufacturing
- 1.2: Sumeet Industries Financial Performance
- 1.2.1: Is Sumeet Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Sumeet Industries Share Price Target For 2024
- 2.1.1: Sumeet Industries Share Price Target Table For 2024
- 2.1.2: Summary: Sumeet Industries Share Price Prediction For 2024
- 2.2: Sumeet Industries Share Price Target For 2025
- 2.2.1: Sumeet Industries Share Price Target Table For 2025
- 2.2.2: Summary: Sumeet Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Sumeet Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Sumeet Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Sumeet Industries Past Performance
Sumeet Industries Brief Company Overview
Sumeet Industries Limited: A Trusted Name in Yarn Manufacturing
Sumeet Industries Limited is a renowned manufacturer and supplier of a diverse range of yarns in India and globally.
Established in 1988, the company has a proven track record of excellence in the textile industry.
They offer a comprehensive portfolio of products, including:
- Pet chips
- Polyester and textile grade chips
- Partially oriented, fully drawn, polyester texturized yarns
- Microfilament, carpet, bright, and dope-dyed black yarns
Sumeet Industries boasts an extensive global presence, exporting its products to over 30 countries across the globe.
The company's unwavering commitment to quality, innovation, and customer satisfaction has earned it a reputation as a reliable and respected partner in the industry.
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Sumeet Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 27.05 Crore | Market valuation of Sumeet Industries's shares. |
| Revenue (TTM) | 951 Crore | Total revenue generated by Sumeet Industries over the past twelve months. |
| Net Income (TTM) | -46.17 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -7.31% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -4.86% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -14.3% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | -3.07 | Company's total debt divided by total shareholder equity. |
| Total Debt | 482.54 Crore | Sum of Sumeet Industries's current & long-term financial obligations. |
| Total Cash | 2.69 Crore | Total amount of liquid funds available to Sumeet Industries. |
| Beta | 0.38 | Beta is less than 1 indicating that the Sumeet Industries's price is less volatile than the market. |
Is Sumeet Industries A Good Buy For Long Term?
Sumeet Industries, a small-cap stock with a dwindling revenue stream and a significant net loss, carries a concerning debt burden. Its negative profit margin signals financial distress. Furthermore, its poor returns over various time frames indicate a downtrend. Given these factors, Sumeet Industries is not a suitable buy for long-term investment.
To predict the Sumeet Industries's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Sumeet Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Sumeet Industries with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Sumeet Industries shares in 2024, see the table below.
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Sumeet Industries Share Price Target Table For 2024
| Sumeet Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 4.39 (+15.52%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 2 | 4.29 (+12.89%) | Price Action: Chart |
| 2024 Target 1 | 4.25 (+11.84%) | Price Action: Nov 2018 Low |
| Current Price | 3.80 | Sumeet Industries's 1 share price as of Fri 30 Aug 2024 |
| Stop Loss 1 | 3.60 (-5.27%) | Price Action: Mar 2019 Low |
| Stop Loss 2 | 3.55 (-6.58%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 3 | 3.50 (-7.9%) | Price Action: May 2023 High |
Summary: Sumeet Industries Share Price Prediction For 2024
In summary, Sumeet Industries has declined by ₹-1.05, recording a notable -21.65% decrease from 1st January 2024 to 30 Aug 2024. Despite the setback, our analysis of Sumeet Industries for 2024 predicts an additional rise of 11.84% to 15.52% by the end of 2024 with three potential targets T1: 4.25, T2: 4.29, T3: 4.39. Stop Loss at SL1: 3.60, SL2: 3.55, SL3: 3.50.
Sumeet Industries has a 52-week high of ₹5.30, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Sumeet Industries.
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Sumeet Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Sumeet Industries with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Sumeet Industries shares in 2025, see the table below.
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Sumeet Industries Share Price Target Table For 2025
| Sumeet Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 6.20 (+63.15%) | Price Action: Chart |
| 2025 Target 2 | 6.08 (+60%) | Fibonacci Extension Level 123.6% |
| 2025 Target 1 | 5.94 (+56.31%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 3.80 | Sumeet Industries's 1 share price as of Fri 30 Aug 2024 |
| Stop Loss 1 | 3.24 (-14.74%) | Technical Indicator: MA200 |
| Stop Loss 2 | 3.21 (-15.53%) | Price Action: Chart |
| Stop Loss 3 | 3.10 (-18.43%) | Technical Indicator: MA250 |
Summary: Sumeet Industries Share Price Prediction For 2025
In summary, Sumeet Industries has declined by ₹-1.05, recording a notable -21.65% decrease from 1st January 2024 to 30 Aug 2024. Despite the setback, our analysis of Sumeet Industries for 2025 predicts an additional rise of 56.31% to 63.15% by the end of 2025 with three potential targets T1: 5.94, T2: 6.08, T3: 6.20. Stop Loss at SL1: 3.24, SL2: 3.21, SL3: 3.10.
Sumeet Industries has a All-Time high of ₹34.66, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Sumeet Industries, we have created a specific page for that check here: Sumeet Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Sumeet Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Sumeet Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.35% over the next 15 years.
For complete year by year Sumeet Industries long term share price target from 2024, 2025 to 2039 check the below table.
Sumeet Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Sumeet Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹3.8 | [Current Price] |
| 2024 | ₹3.5 | -7.9% |
| 2025 | ₹4.32 | 23.42% |
| 2026 | ₹4.94 | 14.35% |
| 2027 | ₹6.52 | 31.98% |
| 2028 | ₹7.1 | 8.89% |
| 2029 | ₹7.68 | 8.16% |
| 2030 | ₹8.49 | 10.54% |
| 2031 | ₹8.93 | 5.18% |
| 2032 | ₹11.04 | 23.62% |
| 2033 | ₹11.43 | 3.53% |
| 2034 | ₹11.85 | 3.67% |
| 2035 | ₹12.65 | 6.75% |
| 2036 | ₹12.92 | 2.13% |
| 2037 | ₹15.57 | 20.51% |
| 2038 | ₹15.76 | 1.22% |
| 2039 | ₹15.77 | 0.06% |
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Sumeet Industries Past Performance
- In 2011, Sumeet Industries opening price was ₹20.29
- As of Fri 30 Aug 2024 the price stands at ₹3.8.
- This represents a Compound Annual Growth Rate (CAGR) of -11.28%.
- In 13 years, an investment of 10,000 would have become ₹1,872.84.
As we wrap up, we hope you like our study on Sumeet Industries share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
