K.CHANDRASEKARAN k
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Sumeet Industries

K.chandrasekaran K at 01:12 PM - Jul 31, 2016 ( ) Views: 1,599

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Recent High Rs 17 and Low Rs 11. Daily volumes are good.

On 25/7/16, gave a breakout with huge volumes of over 40 lakh shares.

CMP Rs 16. Fundamentally not that sound, but possible to go higher

on technical grounds.


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K.chandrasekaran K at 04:18 PM - Nov 18, 2016 ( )

It has come down below 50 day Moving Average which is around Rs 30. 

So members be cautious.

K.chandrasekaran K at 04:06 PM - Nov 18, 2016 ( )

Price has come down from recent High of Rs 44.10 made on 1/11/16 to today's close of Rs 28.50 ( lower circuit ).

Whereas the co has come out with good results for the Quarter ending Sep 16, it is continuously in lower circuit 

for the past 5 or 6 days. Something fishy. Maybe some operators want to corner this stock at lower levels.

K.chandrasekaran K at 04:00 PM - Nov 18, 2016 ( )

Sumeet Industries has given excellent results for the Quarter ending Sep 2016. Details

                           Sep16   June16   Mar16  Dec15  Mar16 ( Annual )

Net Profit           14.7       7.0          3.3         5.2          16.8

EPS                      2.5        1.2          0.6         0.9           2.9

So TTE is 5.2  PEM at today's rate Rs 28.50 ( lower circuit ) is 5.5

Industry ( Textiles-Man-made ) PEM is around 10. Mudraa members may continue to watch this 

stock.

K.chandrasekaran K at 04:32 PM - Oct 20, 2016 ( )

Today's upper circuit Rs 40.95 If anybody has position in this stock, please book profits

and keep only Min quantity as it has run too much in too short a period.

K.chandrasekaran K at 11:02 AM - Oct 19, 2016 ( )

Today Upper Circuit at Rs 39

K.chandrasekaran K at 04:52 PM - Oct 18, 2016 ( )

Today upper circuit at Rs 37.15

K.chandrasekaran K at 06:39 PM - Oct 17, 2016 ( )

Thanks Varun Saab. Unfortunately I do not have any holding in this stock.

Just for academic interest, I am following various stocks for gaining

technical knowledge.

Varun Kochhar at 03:37 PM - Oct 17, 2016 ( )

Chandrasekran ji if you hold this share keep on booking part profits at every upper circiut maybe 10% each time. I have followedthis share for the last 10 years probably. This is an operator driven share. Once it starts making down circuit exit will not be possible. Just a friendly Advice.

K.chandrasekaran K at 02:46 PM - Oct 17, 2016 ( )

Today Upper Circuit at Rs 35.40

K.chandrasekaran K at 03:54 PM - Oct 13, 2016 ( )

Today closed at Rs 31.65 after touching day's High of Rs 32.50

K.chandrasekaran K at 03:18 PM - Oct 07, 2016 ( )

Near upper circuit of Rs 28.10

K.chandrasekaran K at 03:02 PM - Sep 21, 2016 ( )

Made further High of Rs 25/15 today.

K.chandrasekaran K at 12:18 PM - Sep 21, 2016 ( )

Today's High Rs 23/50

K.chandrasekaran K at 09:43 PM - Sep 20, 2016 ( )

Today's High Rs 22.50 and closed at Rs 22.

K.chandrasekaran K at 06:25 PM - Sep 16, 2016 ( )

Today's High Rs 19.85 and closed at Rs 18.85.

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