Sumeet Industries Ltd

Stage 4 · Declining · week 11

As of 16 Oct 2026, Sumeet Industries is in Stage 4 — declining, a downtrend, in week 11 (since 4 Aug 2026). It closed at ₹10.8, 72.3% below its 52-week high and below its 200-day average, which is falling. In Consumer Discretionary, 29.1% of stocks are in Stage 2.

Sumeet Industries Limited manufactures and sells polyester chips and polyester yarns in India. More about the company

₹10.8
-1.10% today
₹750 Cr · Small cap
Market Neutral — FadingConsumer Discretionary 29.1% in Stage 2-5.5 pts / 20dTextiles 29.1%-2.6 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is SUMEETINDS early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-72.3%
₹9.4 lo₹39 hi
72.3% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 11
1w13w26w
Week 11 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-55.6%
200 DMA: ₹24.3 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.12x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↗ ⇈
Accelerating · MA20 +2.6% vs MA50 -36.5% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+11.0%
3M
-68.2%
6M
-64.2%
YTD
-65.6%
1Y
-70.7%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.1%
20d Δ
-5.5pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
Sector has 131 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Textiles
↓ Peaking
Stage 2%
29.1%
20d Δ
-2.6pp
1M return
-0.1%
3M return
+2.7%
Industry Stage-2 % · last 20 days
Industry has 35 Stage 2 leaders. See Textiles Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 15w
S2 33w
S2 22w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 8w → S1 7w → S2 15w → S3 8w → S4 13w → S1 6w → S2 33w → S3 9w → S4 4w → S1 1w → S2 22w → S3 12w → S4 4w → S1 5w → S2 4w → S1 1w → S4 5w → S1 2w → S4 11w current
Total tracked: 168 weeks across 19 stage runs.
Scan Membership
Prop Scan
Latest: 2026-05-14
Breakout Watch
Latest: 2026-05-11
5 appearances in last 60 days. First seen: 2024-08-29.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S4
Wk 11 · Vol 0.12x
2026-10-15S4
Wk 11 · Vol 0.12x
2026-10-14S4
Wk 10 · Vol 0.20x
2026-10-13S4
Wk 10 · Vol 0.13x
2026-10-12S4
Wk 10 · Vol 0.10x
2026-10-09S4
Wk 10 · Vol 0.28x
2026-10-08S4
Wk 10 · Vol 0.38x
2026-10-07S4
Wk 9 · Vol 0.25x
2026-10-06S4
Wk 9 · Vol 0.05x
2026-10-05S4
Wk 9 · Vol 0.16x
2026-10-01S4
Wk 9 · Vol 0.22x
2026-09-30S4
Wk 9 · Vol 0.23x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹12.2
200 DMA
₹24.3
52W High
₹39
52W Low
₹9.4
5D Low
₹10.8
Resistance levels (recent highs)
20d High
₹12.2
60d High
₹30.3
120d High
₹35.3
250d High
₹39
Next resistance
+12.8%
to 20d High
Ask the Market AI about SUMEETINDSAsk →
P/E (TTM)
0.6
Forward —
Earnings Growth (YoY)
-90.4%
Revenue +6.0%
About this companyConsumer Discretionary· Textiles

Sumeet Industries Limited manufactures and sells polyester chips and polyester yarns in India. The company provides pet chips, polyester and textile grade chips, as well as partially oriented, fully drawn, polyester texturized, microfilament, carpet, and dope-dyed black yarns. It exports its products to Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, the United States, Singapore, and Turkey, 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.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.