Sumeet Industries Ltd (SUMEETINDS) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 763883, "name": "Sumeet Industrie", "stock_name": "Sumeet Industrie", "full_name": "Sumeet Industries Ltd", "name_url": "stocks-analysis/sumeet-industrie", "exchange": 0, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "31.06", "chg": -0.33, "chgp": "-1.05%", "dir": -1, "prev_price": "31.39", "mcapval": "1,634.77 Cr", "mcap": "Micro Cap", "scripcode": 514211, "symbol": "SUMEETINDS", "ind_name": "Garments & Apparels", "ind_code": 32, "indexname": "India SENSEX", "isin": "INE235C01036", "curr_date": "Mar 19", "curr_time": "", "bse_nse_vol": "42.92 k", "exc_status": "Active", "traded_date": "Mar 19, 2026", "traded_date_str": "2026 03 19", "score": "", "scoreText": "", "Live": 1, "market_time": 1, "is_blur": 1, "is_blur_class": "blur-register-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/sumeet-industrie-763883-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Sumeet Industries Ltd is Rated Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/sumeet-industries-ltd-is-rated-sell-3878953", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SumeetIndustrie_mojoScore_3878953.png", "date": "2026-03-09 10:10:18", "description": "Sumeet Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 03 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 09 March 2026, providing investors with the latest insights into the company's performance and outlook." }, { "title": "Sumeet Industries Ltd is Rated Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/sumeet-industries-ltd-is-rated-sell-3878940", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SumeetIndustrie_mojoScore_3878940.png", "date": "2026-03-08 10:10:14", "description": "Sumeet Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 03 Nov 2025. However, the analysis and financial metrics discussed below reflect the stock's current position as of 09 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook." }, { "title": "Sumeet Industries Ltd Surges 18.15%: 7 Key Developments Shaping the Week", "link": "https://www.marketsmojo.com/news/stocks-in-action/sumeet-industries-ltd-surges-1815-7-key-developments-shaping-the-week-3862482", "imagepath": "", "date": "2026-02-28 15:01:44", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>23 Feb:</strong> Technical momentum shifts amid mixed indicator signals</p>\n <p><strong>24 Feb:</strong> Mildly bullish stance emerges with cautious optimism</p>\n <p><strong>25 Feb:</strong> Hits upper circuit with 10.0% surge amid strong buying pressure</p>\n <p><strong>26 Feb:</strong> Consecutive upper circuit hit, gains 9.99% with robust volume</p>\n <p><strong>27 Feb:</strong> Stock closes at ₹27.54, up 5.28% despite Sensex decline</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">..." }, { "title": "Sumeet Industries Ltd Hits Upper Circuit Amid Robust Buying Pressure", "link": "https://www.marketsmojo.com/news/stocks-in-action/sumeet-industries-ltd-hits-upper-circuit-amid-robust-buying-pressure-3857586", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SumeetIndustrie_stocks_hitting_upper_circuit_3857586.png", "date": "2026-02-26 10:00:11", "description": "Sumeet Industries Ltd, a micro-cap player in the Garments & Apparels sector, surged to hit its upper circuit limit on 26 February 2026, registering a maximum daily gain of 9.99% to close at ₹26.86. This sharp rally was driven by strong buying interest, a significant increase in delivery volumes, and a regulatory freeze on further trading, underscoring heightened investor enthusiasm despite the company’s current sell rating by MarketsMOJO." }, { "title": "Sumeet Industries Ltd Technical Momentum Shifts Amid Mixed Indicator Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/sumeet-industries-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-3857310", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SumeetIndustrie_technicaldot_3857310.png", "date": "2026-02-26 08:02:01", "description": "Sumeet Industries Ltd, a player in the Garments & Apparels sector, has exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite a recent downgrade in its Mojo Grade to Sell from Hold, the stock’s price action and technical indicators present a complex picture of mixed signals, warranting a detailed analysis for investors navigating this evolving landscape." }, { "title": "Sumeet Industries Ltd Valuation Shifts Signal Heightened Price Risk", "link": "https://www.marketsmojo.com/news/stocks-in-action/sumeet-industries-ltd-valuation-shifts-signal-heightened-price-risk-3857219", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SumeetIndustrie_valuationdot_3857219.png", "date": "2026-02-26 08:00:39", "description": "Sumeet Industries Ltd, a micro-cap player in the Garments & Apparels sector, has seen a marked deterioration in its valuation attractiveness as key multiples surge to very expensive levels. The company’s price-to-earnings (P/E) ratio now stands at 49.56, while its price-to-book value (P/BV) has climbed to 6.33, signalling a significant premium relative to historical averages and peer benchmarks. This shift has prompted a downgrade in its Mojo Grade from Hold to Sell, reflecting growing concerns over stretched valuations despite the company’s impressive long-term returns." }, { "title": "Sumeet Industries Ltd Hits Upper Circuit Amid Strong Buying Pressure", "link": "https://www.marketsmojo.com/news/stocks-in-action/sumeet-industries-ltd-hits-upper-circuit-amid-strong-buying-pressure-3855599", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SumeetIndustrie_stocks_hitting_upper_circuit_3855599.png", "date": "2026-02-25 12:00:14", "description": "Sumeet Industries Ltd, a micro-cap player in the Garments & Apparels sector, witnessed a remarkable turnaround on 25 Feb 2026 as its stock hit the upper circuit limit of 10%, closing at ₹24.42. This surge follows a week-long decline, signalling renewed investor interest and robust buying momentum despite an initial gap down at the open." }, { "title": "Sumeet Industries Ltd is Rated Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/sumeet-industries-ltd-is-rated-sell-3855277", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SumeetIndustrie_mojoScore_3855277.png", "date": "2026-02-25 10:10:04", "description": "Sumeet Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 03 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 25 February 2026, providing investors with an up-to-date view of the company's fundamentals, valuation, financial trends, and technical outlook." }, { "title": "Sumeet Industries Ltd Faces Technical Momentum Shift Amid Bearish Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/sumeet-industries-ltd-faces-technical-momentum-shift-amid-bearish-signals-3854702", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SumeetIndustrie_technicaldot_3854702.png", "date": "2026-02-25 08:02:50", "description": "Sumeet Industries Ltd, a player in the Garments & Apparels sector, has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bullish to sideways and bearish trends. The stock’s recent price action, combined with mixed technical signals across weekly and monthly timeframes, suggests a cautious outlook for investors amid broader market volatility." } ], "total": 249, "sid": "763883", "stock_news_url": "https://www.marketsmojo.com/news/sumeet-industries-763883" }, "announcements": [ { "caption": "Board Meeting Outcome for Approval Of Draft Letter Of Offer For Proposed Right Issue", "datetime": "17-Mar-2026", "details": "Approval of Draft Letter of Offer for Proposed Right Issue and announcement of suceesful bidder for plant and Machinary and Land & Building of Nakoda Limited under Liquidation", "source": "BSE" }, { "caption": "Board Meeting Intimation for Board Meeting Intimation", "datetime": "11-Mar-2026", "details": "Sumeet Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/03/2026 inter alia to consider and approve Board Meeting Intimation for approval of Draft Letter of Offer for proposed right issue", "source": "BSE" }, { "caption": "Outcome Of Investor/Analyst Meet Dated 05.03.2025", "datetime": "06-Mar-2026", "details": "Announcement under Regulation 30 ( LODR _ Outcome of Investor /Analyst meet dated 05.03.2025", "source": "BSE" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Sumeet Industries Ltd has declared <strong>4%</strong> dividend, ex-date: 20 Sep 12", "dt": "2012-09-20", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "", "data": [ { "txt": "Sumeet Industries Ltd has announced <strong>2:10</strong> stock split, ex-date: 03 Oct 25", "dt": "2025-10-03", "middle_text": "Split" } ] }, { "img": "bonus.svg", "title": "BONUS", "msg": "", "data": [ { "txt": "Sumeet Industries Ltd has announced <strong>1:4</strong> bonus issue, ex-date: 02 Aug 18", "dt": "2018-08-02", "middle_text": "Bonus Alert" } ] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "", "data": [ { "txt": "Sumeet Industries Ltd has announced <strong>3:7</strong> rights issue, ex-date: 15 Dec 17", "dt": "2017-12-15", "middle_text": "Rights Issue" } ] } ] }

Key Events This Week

23 Feb: Technical momentum shifts amid mixed indicator signals

24 Feb: Mildly bullish stance emerges with cautious optimism

25 Feb: Hits upper circuit with 10.0% surge amid strong buying pressure

26 Feb: Consecutive upper circuit hit, gains 9.99% with robust volume

27 Feb: Stock closes at ₹27.54, up 5.28% despite Sensex decline

Week Open

...

Read full news article

Sumeet Industries Ltd Hits Upper Circuit Amid Robust Buying Pressure

2026-02-26 10:00:11

Sumeet Industries Ltd, a micro-cap player in the Garments & Apparels sector, surged to hit its upper circuit limit on 26 February 2026, registering a maximum daily gain of 9.99% to close at ₹26.86. This sharp rally was driven by strong buying interest, a significant increase in delivery volumes, and a regulatory freeze on further trading, underscoring heightened investor enthusiasm despite the company’s current sell rating by MarketsMOJO.

Read full news article

Sumeet Industries Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

2026-02-26 08:02:01

Sumeet Industries Ltd, a player in the Garments & Apparels sector, has exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite a recent downgrade in its Mojo Grade to Sell from Hold, the stock’s price action and technical indicators present a complex picture of mixed signals, warranting a detailed analysis for investors navigating this evolving landscape.

Read full news article

Sumeet Industries Ltd Valuation Shifts Signal Heightened Price Risk

2026-02-26 08:00:39

Sumeet Industries Ltd, a micro-cap player in the Garments & Apparels sector, has seen a marked deterioration in its valuation attractiveness as key multiples surge to very expensive levels. The company’s price-to-earnings (P/E) ratio now stands at 49.56, while its price-to-book value (P/BV) has climbed to 6.33, signalling a significant premium relative to historical averages and peer benchmarks. This shift has prompted a downgrade in its Mojo Grade from Hold to Sell, reflecting growing concerns over stretched valuations despite the company’s impressive long-term returns.

Read full news article

Sumeet Industries Ltd Hits Upper Circuit Amid Strong Buying Pressure

2026-02-25 12:00:14

Sumeet Industries Ltd, a micro-cap player in the Garments & Apparels sector, witnessed a remarkable turnaround on 25 Feb 2026 as its stock hit the upper circuit limit of 10%, closing at ₹24.42. This surge follows a week-long decline, signalling renewed investor interest and robust buying momentum despite an initial gap down at the open.

Read full news article

Sumeet Industries Ltd is Rated Sell

2026-02-25 10:10:04

Sumeet Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 03 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 25 February 2026, providing investors with an up-to-date view of the company's fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Sumeet Industries Ltd Faces Technical Momentum Shift Amid Bearish Signals

2026-02-25 08:02:50

Sumeet Industries Ltd, a player in the Garments & Apparels sector, has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bullish to sideways and bearish trends. The stock’s recent price action, combined with mixed technical signals across weekly and monthly timeframes, suggests a cautious outlook for investors amid broader market volatility.

Read full news article