Is Sumeet Industries Limited stock a buy?

Yes, Sumeet Industries Limited pays dividends. Last time was Monday 29th of October 2012 where the investors holding the stock on Thursday 20th of September 2012 were paid INR0.4 per share. Over the last 2 times between 2011 and 2012, Sumeet Industries Limited has paid INR1.4 with an average of INR0.7 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Sumeet Industries Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR2.20, you would have made a profit of INR1.450 per share or 65.91%

No, the average daily trading liquidity for Sumeet Industries Limited is INR255 856 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Sumeet Industries Limited has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.10, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Sumeet Industries Limited to be high [0.75 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.