Here is a snapshot of the annual performance of Sumeet Industries for the last few years. A careful look will reveal that YoY sales have been rising and so has PBT. This clearly signifies that the company is generating profits from its sales, which are also increasing in volume.
What we need to notice about this company is that its Cash Conversion Cycle is just 88.30 which means that its investments reap returns in a short span of time. This recommendation is a long-term investment and a typical holding period will be for more than a year.
It is advisable to invest in small quantities and include this stock in your portfolio and give it a time frame of a year.
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