Unlock the potential of Sumuka Agro Industries Ltd, a stock that has witnessed an extraordinary surge of over 670%. Explore whether this momentum, coupled with rising FII interest, makes it an enticing opportunity. With a PE ratio of 28 and a market cap of ₹118 crore, delve into the factors shaping this small-cap gem.
Daily Chart Analysis
Dive into the daily chart of Sumuka Agro Industries, revealing a consistent uptrend marked by higher highs and higher lows.
Uncover the driving forces behind this ascent, including heightened FIIs interest and the company’s debt-free status. With a robust 3-year ROE standing at 35.2%, discover why this stock is capturing attention.
Quarterly Results Overview
The company has reported total income of Rs. 11.4689 crores during the period ended June 30, 2023 as compared to Rs. 13.0823 crores during the period ended March 31, 2023. The company has posted net profit / (loss) of Rs. 1.4778 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.9155 crores for the period ended March 31, 2023. The company has reported EPS of Rs. 2.08 for the period ended June 30, 2023 as compared to Rs. 1.29 for the period ended March 31, 2023.
About Sumuka Agro Industries
Sumuka Agro Industries positions itself as a versatile player in the retail, trading, and franchising space. From offering an array of dry fruits, ready-to-cook items, namkeen/snacks, and sweets to venturing into online sales of packaged foods, explore the diverse dimensions of this dynamic company.
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