Key Events This Week
3 Aug: Stock hits lower circuit at ₹21.18 amid heavy selling
4 Aug: Mojo Grade upgraded from Strong Sell to Sell despite continued decline
5 Aug: Lower circuit hit again at ₹19.13, marking 12th consecutive loss
6 Aug: Downgraded back to Strong Sell as financials weaken further
7 Aug: 14th straight loss, stock closes at lower circuit ₹17.28

Sumeet Industries Ltd Locks at Lower Circuit With 4.95% Loss — Sellers Queue, No Buyers in Sight
2026-08-07 10:00:31At Rs 17.28, sellers were still queuing — but there were no buyers willing to take the other side. Sumeet Industries Ltd locked at its lower circuit of 4.95% on 7 Aug 2026, with unfilled sell orders and a frozen price, reflecting persistent selling pressure in a micro-cap stock with limited liquidity.
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