Sumeet Industries Achieves 52-Week High Amidst Strong Sector Performance and Market Trends

Jul 11 2025 09:37 AM IST
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Sumeet Industries has achieved a new 52-week high of Rs. 132.3, reflecting a remarkable 4930.42% return over the past year. The stock has outperformed its sector for 17 consecutive days, maintaining a strong upward trend amid a broader market that opened lower.
Sumeet Industries, a microcap player in the Garments & Apparels sector, has made headlines today as its stock price reached a new 52-week high of Rs. 132.3. This milestone marks a significant achievement for the company, especially considering its remarkable performance over the past year, with returns soaring by 4930.42%.

Today, Sumeet Industries outperformed its sector by 5.16%, continuing a streak of gains that has lasted for 17 consecutive days. During this period, the stock has delivered an astonishing 2639.13% return. The stock opened with a notable gain of 5% and has maintained its trading price at Rs. 132.3 throughout the day, reaching an intraday high of the same value.

In terms of technical indicators, Sumeet Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. This performance comes amid a broader market context where the Sensex opened lower today, trading at 82,950.58, but remains close to its own 52-week high. The contrast between Sumeet Industries' performance and the overall market highlights its strong position within the industry.
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