STOCK VIEW - SUMEET INDUSTRIES

Sumeet Industries

BSE: 514211    NSE: SUMEETINDS   CMP: 27.00

Sumeet Industries Limited manufactures and exports yarns, fabrics, and menthol and allied products.
Sumeet Industries is a 164 Crore penny cap stock. Its currently trading at a P/E of 5 with excellent dividend yields of 3.55%. Liabilities are high, but has strong revenue growth. Revenues have grown 8 fold from 112 Crores to 821 Crores in the last 5 years.  Profits have picked up from 3.36 Crores to 30.53 Crores in the last 5 years. NPM has been stable at little below 4%. It has pretty good support at 25 levels. Buy with minimal exposure.