SUMEETINDS.NS
Price:
$129.66
Market Cap:
$671.91M
Sumeet Industries Limited manufactures and sells yarns in India. The company provides polyester and textile grade chips, as well as partially oriented, fully draw, texturized, micro filament, carpet, bright, and dope dyed black yarns. It also exports its products to Egypt, Tunisia, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, the United States, Singapore, Turkey, Kenya, etc. The company was formerly known as Sumeet Synthetics Limited and changed its name to Sumeet Industries Limited in 1996. Sumeet Industries Limited was incorporated in 1988 and is based in Surat, India.
Industry
Apparel - Manufacturers
IPO Date
2010-12-10
Stock Exchange
NSE
Ticker
SUMEETINDS.NS
According to Sumeet Industries Limited’s latest financial reports and current stock price. The company's current ROE is -57.20%. This represents a change of -300798.48% compared to the average of 0.02% of the last 4 quarters.
The mean historical ROE of Sumeet Industries Limited over the last ten years is 24.10%. The current -57.20% ROE has changed -337.31% with respect to the historical average. Over the past ten years (40 quarters), SUMEETINDS.NS's ROE was at its highest in in the March 2020 quarter at 212.04%. The ROE was at its lowest in in the March 2019 quarter at -78.84%.
Average
24.10%
Median
10.98%
Minimum
-138.21%
Maximum
259.53%
Discovering the peaks and valleys of Sumeet Industries Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 18.34%
Maximum Annual ROE = 259.53%
Minimum Annual Increase = -1015.03%
Minimum Annual ROE = -138.21%
Year | ROE | Change |
---|---|---|
2024 | 33.40% | -33.83% |
2023 | 50.48% | -1015.03% |
2022 | -5.52% | -142.15% |
2021 | 13.09% | -94.96% |
2020 | 259.53% | -287.78% |
2019 | -138.21% | 18.34% |
2018 | -0.75% | -105.61% |
2017 | 13.37% | 96.74% |
2016 | 6.79% | -23.36% |
2015 | 8.86% | 2.45% |
The current ROE of Sumeet Industries Limited (SUMEETINDS.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
26.12%
5-year avg
70.19%
10-year avg
24.10%
Sumeet Industries Limited’s ROE is less than Suryalakshmi Cotton Mills Limited (1.36%), greater than STL Global Limited (-2.33%), less than Pioneer Embroideries Limited (2.98%), less than Sarla Performance Fibers Limited (13.50%), greater than Vardhman Polytex Limited (-4.48%),
Company | ROE | Market cap |
---|---|---|
1.36% | $1.39B | |
-2.33% | $418.10M | |
2.98% | $1.29B | |
13.50% | $9.77B | |
-4.48% | $5.08B |
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