Sumeet Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com
| SUMEETINDS | 97.80 0.00 0.00% |
Under 55% of Sumeet Industries' traders are presently thinking to get in. The analysis of overall sentiment of trading Sumeet Industries Limited stock suggests that some investors are interested at this time. Sumeet Industries' investing sentiment shows overall attitude of investors towards Sumeet Industries Limited.
Sumeet |
Sumeet Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 Marketscreener.com
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Sumeet Industries Fundamental Analysis
We analyze Sumeet Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumeet Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumeet Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Sumeet Industries is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Sumeet Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sumeet Industries stock to make a market-neutral strategy. Peer analysis of Sumeet Industries could also be used in its relative valuation, which is a method of valuing Sumeet Industries by comparing valuation metrics with similar companies.
Peers
Sumeet Industries Related Equities
| COSMOFIRST | COSMO FIRST | 4.80 | ||||
| RICOAUTO | Rico Auto | 0.66 | ||||
| PARAGMILK | Parag Milk | 0.60 | ||||
| HDFCBANK | HDFC Bank | 0.42 | ||||
| RELIANCE | Reliance Industries | 0.37 | ||||
| KINGFA | Kingfa Science | 0.20 | ||||
| TBZ | Tribhovandas Bhimji | 0.05 | ||||
| HEUBACHIND | Heubach Colorants | 0.38 | ||||
| GATECHDVR | GACM Technologies | 1.08 | ||||
| DELTAMAGNT | Delta Manufacturing | 1.61 |
Complementary Tools for Sumeet Stock analysis
When running Sumeet Industries' price analysis, check to measure Sumeet Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sumeet Industries is operating at the current time. Most of Sumeet Industries' value examination focuses on studying past and present price action to predict the probability of Sumeet Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumeet Industries' price. Additionally, you may evaluate how the addition of Sumeet Industries to your portfolios can decrease your overall portfolio volatility.
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