Sumeet Industries Achieves Upper Circuit Limit Amid Strong Market Performance in Garments Sector

Jul 08 2025 10:00 AM IST
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Sumeet Industries Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, achieving an intraday high of Rs 115.69. The stock has gained for 19 consecutive days, showing a remarkable return and trading above key moving averages, highlighting its strong market position.
Sumeet Industries Ltd, a microcap player in the Garments & Apparels sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 115.69, marking a significant 4.99% increase from its previous close. This performance is particularly noteworthy as it has outperformed the sector, which saw a 2.06% gain today.

Trading activity for Sumeet Industries has been robust, with a total traded volume of approximately 0.02562 lakh shares and a turnover of Rs 0.02964 crore. The stock has shown remarkable consistency, gaining for 19 consecutive days and delivering an impressive 3756.33% return over this period.

Sumeet Industries opened the trading session with a gap up of 4.99%, maintaining its price at Rs 115.69 throughout the day. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In summary, Sumeet Industries Ltd has demonstrated exceptional performance today, reflecting its solid market position within the Garments & Apparels industry.
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