Need Information/Help on SUMEETINDS stock

Stocks
1

Hi Guys,

I am a newbie trader i had bought shares of Sumeet Industries SUMEETINDS for about 5000 rs about a year ago as a long term investment. It had done poorly and i was thinking of selling it and investing elsewhere this year but for the past few days it was doing well and i had about 1.9k returns and i thought about sellling it today(07/01/2021)

But when i loged in to kite there is no shares listed in holdings for sumeet industries. i searched for the stock and it did not show up. i searched google and there was no negative news about it as such.

could anyone please help on what might have happened and would be next course of action to take.

Also could anyone please tell if the investment is still there or it has gone down the drain.

Your Help and Advice is much appreciated.

Thank You

2

Trade for trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday/1st trading day of the week) And ASD (100% of trade value) to be deposited by the buyers .
IT IS IN GSM STAGE- 3 FROM 07 JANUARY 2021.

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3

Hi, Sumeet Industries is in GSM Stage 3, trading in such stocks in permitted only once a week, on 1st trading day of the week ie. Monday, you can learn more about GSM here.

As this stock is not traded on days other than Monday, it will not reflect in your holdings on Kite, you can see this on Console. On the day it trades, you can see it on Kite.

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4

Thank you aniln and ShubhS9 for your quick replies. It was very helpful. :+1: :+1: :pray: :pray: