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Exit Sumeet Industries, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may exit Sumeet Industries.

December 12, 2017 / 03:00 PM IST

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "In Sumeet Industries Rs 35-36 is what I see. It is a smaller sort of midcap, it is okay, but nothing really special to recommend it. I would typically exit this stock."

At 14:57 hrs Sumeet Industries was quoting at Rs 33.00, up Rs 0.90, or 2.80 percent.

The share touched its 52-week high Rs 45.10 and 52-week low Rs 25.60 on 18 May, 2017 and 11 August, 2017, respectively.

Currently, it is trading 26.83 percent below its 52-week high and 28.91 percent above its 52-week low.
CNBC-TV18
first published: Dec 12, 2017 02:59 pm
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