Somi Conv.Belt.

Market Cap: Micro Cap
Industry: Rubber Products
ISIN: INE323J01019
NSEID: SOMICONVEY
BSEID: 533001

INR

172.75

4.75 (2.83%)

BSENSE

Apr 11, 12:44 PM

BSE+NSE Vol: 5.37 k

{
  "main_header": {
    "sid": 284074,
    "name": "Somi Conv.Belt.",
    "stock_name": "Somi Conv.Belt.",
    "full_name": "Somi Conveyor Beltings Ltd",
    "name_url": "stocks-analysis/somi-convbelt",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "172.75",
    "chg": 4.75,
    "chgp": "2.83%",
    "dir": 1,
    "prev_price": "168.00",
    "mcapval": "202.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 533001,
    "symbol": "SOMICONVEY",
    "ind_name": "Rubber  Products",
    "ind_code": 71,
    "isin": "INE323J01019",
    "curr_date": "Apr 11, 12:44 PM",
    "curr_time": "00:18 AM",
    "bse_nse_vol": "5.37 k",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Somi Conveyor Beltings Adjusts Valuation Grade Amid Strong Industry Performance Metrics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/somi-conveyor-beltings-valuation-grade-upgraded-from-attractive-to-very-attractive-1669916",
        "imagepath": "",
        "date": "2025-04-02 08:00:36",
        "description": "Somi Conveyor Beltings has recently undergone a valuation adjustment, reflecting its strong performance metrics within the rubber products industry. The company's price-to-earnings ratio stands at 33.00, while its price-to-book value is recorded at 3.00. Additionally, the enterprise value to EBITDA ratio is 19.13, and the EV to EBIT ratio is 21.48, indicating a solid operational efficiency.\n\nIn terms of profitability, Somi Conveyor Beltings boasts a return on capital employed (ROCE) of 9.73% and a return on equity (ROE) of 9.09%. The PEG ratio is noted at 0.84, suggesting a favorable growth outlook relative to its earnings. \n\nWhen compared to its peers, Somi Conveyor Beltings demonstrates a competitive edge, particularly against Rubfila International, which has a significantly lower PE ratio of 12.52 and an EV to EBITDA of 7.76. Other competitors like Indag Rubber and Dolfin Rubbers exhibit higher valuation..."
      },
      {
        "title": "Somi Conveyor Beltings Faces Trading Volatility Amid Sector Challenges and Market Sentiment Shift",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/somi-conveyor-beltings-stock-hits-lower-circuit-limit-at-rs-168-44-down-6-12-1581577",
        "imagepath": "",
        "date": "2025-03-25 12:00:07",
        "description": "Somi Conveyor Beltings Ltd, a microcap player in the Rubber Products industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 175.7, reflecting a decline of Rs 11.46 or 6.12% from the previous close. The stock reached an intraday low of Rs 168.44, marking a notable drop after two consecutive days of gains.\n\nTotal traded volume for the day was approximately 0.0954 lakh shares, resulting in a turnover of Rs 0.1691 crore. The stock underperformed its sector, which saw a decline of 2.11%, and the broader market, with the Sensex down by 0.03%. Notably, the stock's performance today was characterized by a 1D return of -8.09%, indicating a significant shift in market sentiment.\n\nDespite the downturn, Somi Conveyor Beltings is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a complex market position. The..."
      },
      {
        "title": "Somi Conveyor Beltings Faces Evaluation Shift Amid Mixed Financial Performance Indicators",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-receives-sell-upgrade-amid-mildly-bearish-technical-shift-1575953",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SomiConveyorBel_mojoScore_772799.png",
        "date": "2025-03-25 08:06:10",
        "description": "Somi Conveyor Beltings, a microcap in the rubber products sector, has recently experienced an evaluation adjustment due to a shift in its technical outlook. While the company reported positive quarterly growth in net sales and profit, long-term fundamentals indicate potential challenges, reflected in its average Return on Capital Employed."
      },
      {
        "title": "Somi Conveyor Beltings Reports Strong Growth Amid Mixed Long-Term Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-downgraded-to-strong-sell-amid-long-term-challenges-1423269",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SomiConveyorBel_mojoScore_682510.png",
        "date": "2025-03-18 08:04:39",
        "description": "Somi Conveyor Beltings has recently adjusted its evaluation, reflecting positive third-quarter financial performance for FY24-25. The company reported significant growth in net sales and profit after tax. However, long-term fundamentals show mixed signals, with challenges in sustaining growth and a bearish trend in stock indicators."
      },
      {
        "title": "Somi Conveyor Beltings Reports Strong Growth Amid Long-Term Fundamental Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-downgraded-to-sell-amid-concerns-over-long-term-fundamentals-1270116",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SomiConveyorBel_mojoScore_636995.png",
        "date": "2025-03-11 08:05:10",
        "description": "Somi Conveyor Beltings has recently adjusted its evaluation, reflecting positive financial performance in Q3 FY24-25, with notable growth in net sales and profit after tax. However, concerns about long-term fundamental strength persist, alongside a mildly bearish technical outlook, despite an attractive valuation compared to peers."
      },
      {
        "title": "Somi Conveyor Beltings Reports Strong Growth Amid Mixed Long-Term Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-reports-87-32-pat-growth-and-31-57-sales-increase-1259297",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SomiConveyorBel_mojoScore_634709.png",
        "date": "2025-03-10 08:02:22",
        "description": "Somi Conveyor Beltings has recently adjusted its evaluation, reflecting its current market performance. The company reported strong third-quarter results for FY24-25, with significant growth in profit after tax and net sales. However, it faces challenges with long-term fundamental strength and modest growth rates over the past five years."
      },
      {
        "title": "Somi Conveyor Beltings Ltd Sees Surge in Trading Activity and Market Engagement",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/somi-conveyor-beltings-stock-hits-upper-circuit-with-intraday-high-of-rs-158-48-1216891",
        "imagepath": "",
        "date": "2025-03-06 11:00:10",
        "description": "Somi Conveyor Beltings Ltd, a microcap player in the Rubber Products industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 158.48, reflecting a robust performance with a notable change of Rs 21.93, or 16.6%. \n\nThe stock opened with a substantial gain of 17.34% and has shown a strong upward trend, outperforming its sector by 15.35%. Over the past two days, Somi Conveyor Beltings has delivered a cumulative return of 20.17%. Today's trading saw a total volume of approximately 1.1 lakh shares, resulting in a turnover of Rs 1.68 crore.\n\nThe stock has demonstrated high volatility, with an intraday fluctuation of 5.6%. It has traded within a wide range of Rs 16.11, indicating active market engagement. Additionally, the stock's performance is above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day an..."
      },
      {
        "title": "Somi Conveyor Beltings Shows Mixed Technical Trends Amid Strong Long-Term Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/somi-conveyor-beltings-technical-trend-shifts-from-mildly-bearish-to-sideways-amid-stock-volatility-2-1112214",
        "imagepath": "",
        "date": "2025-02-25 10:27:55",
        "description": "Somi Conveyor Beltings, a microcap player in the rubber products industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 142.20, slightly down from the previous close of 144.60. Over the past year, Somi Conveyor has shown a notable return of 40.79%, significantly outperforming the Sensex, which recorded a modest gain of 2.05% during the same period.\n\nIn terms of technical indicators, the company presents a mixed picture. The MACD indicates bearish momentum on a weekly basis, while the monthly outlook is mildly bearish. The Relative Strength Index (RSI) shows no clear signal for both weekly and monthly assessments. Bollinger Bands suggest a mildly bearish trend weekly, contrasting with a mildly bullish stance monthly. Moving averages indicate a mildly bullish trend on a daily basis, while the KST and On-Balance Volume metrics reflect a ..."
      },
      {
        "title": "Somi Conveyor Beltings Reports Strong Half-Year Growth Amid Long-Term Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-downgraded-to-sell-amid-weak-long-term-fundamentals-1047171",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/SomiConveyorBel_mojoScore_463032.png",
        "date": "2025-02-18 18:29:02",
        "description": "Somi Conveyor Beltings has recently experienced an evaluation adjustment, reflecting its mixed performance amid positive quarterly financial results. The company reported a profit after tax of Rs 3.84 crore and net sales of Rs 61.72 crore, showcasing significant growth, yet faces challenges in long-term financial stability."
      }
    ],
    "total": 53,
    "sid": "284074",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/somi-conveyor-beltings-284074"
  },
  "announcements": [
    {
      "caption": "Closure of Trading Window",
      "datetime": "22-Mar-2025",
      "details": "Intimation of Closure of Trading Window.",
      "source": "BSE"
    },
    {
      "caption": "Clarification On Price Movement.",
      "datetime": "11-Mar-2025",
      "details": "Clarification on Price Movement.",
      "source": "BSE"
    },
    {
      "caption": "Clarification sought from Somi Conveyor Beltings Ltd",
      "datetime": "10-Mar-2025",
      "details": "The Exchange has sought clarification from Somi Conveyor Beltings Ltd on March 10 2025 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.<BR><BR>The reply is awaited.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Somi Conveyor Beltings Ltd has declared <strong>5%</strong> dividend, ex-date: 19 Sep 18",
          "dt": "2018-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Somi Conveyor Beltings Adjusts Valuation Grade Amid Strong Industry Performance Metrics

2025-04-02 08:00:36

Somi Conveyor Beltings has recently undergone a valuation adjustment, reflecting its strong performance metrics within the rubber products industry. The company's price-to-earnings ratio stands at 33.00, while its price-to-book value is recorded at 3.00. Additionally, the enterprise value to EBITDA ratio is 19.13, and the EV to EBIT ratio is 21.48, indicating a solid operational efficiency. In terms of profitability, Somi Conveyor Beltings boasts a return on capital employed (ROCE) of 9.73% and a return on equity (ROE) of 9.09%. The PEG ratio is noted at 0.84, suggesting a favorable growth outlook relative to its earnings. When compared to its peers, Somi Conveyor Beltings demonstrates a competitive edge, particularly against Rubfila International, which has a significantly lower PE ratio of 12.52 and an EV to EBITDA of 7.76. Other competitors like Indag Rubber and Dolfin Rubbers exhibit higher valuation...

Somi Conveyor Beltings Faces Trading Volatility Amid Sector Challenges and Market Sentiment Shift

2025-03-25 12:00:07

Somi Conveyor Beltings Ltd, a microcap player in the Rubber Products industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 175.7, reflecting a decline of Rs 11.46 or 6.12% from the previous close. The stock reached an intraday low of Rs 168.44, marking a notable drop after two consecutive days of gains. Total traded volume for the day was approximately 0.0954 lakh shares, resulting in a turnover of Rs 0.1691 crore. The stock underperformed its sector, which saw a decline of 2.11%, and the broader market, with the Sensex down by 0.03%. Notably, the stock's performance today was characterized by a 1D return of -8.09%, indicating a significant shift in market sentiment. Despite the downturn, Somi Conveyor Beltings is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a complex market position. The...

Somi Conveyor Beltings Faces Evaluation Shift Amid Mixed Financial Performance Indicators

2025-03-25 08:06:10

Somi Conveyor Beltings, a microcap in the rubber products sector, has recently experienced an evaluation adjustment due to a shift in its technical outlook. While the company reported positive quarterly growth in net sales and profit, long-term fundamentals indicate potential challenges, reflected in its average Return on Capital Employed.

Somi Conveyor Beltings Reports Strong Growth Amid Mixed Long-Term Fundamentals

2025-03-18 08:04:39

Somi Conveyor Beltings has recently adjusted its evaluation, reflecting positive third-quarter financial performance for FY24-25. The company reported significant growth in net sales and profit after tax. However, long-term fundamentals show mixed signals, with challenges in sustaining growth and a bearish trend in stock indicators.

Somi Conveyor Beltings Reports Strong Growth Amid Long-Term Fundamental Concerns

2025-03-11 08:05:10

Somi Conveyor Beltings has recently adjusted its evaluation, reflecting positive financial performance in Q3 FY24-25, with notable growth in net sales and profit after tax. However, concerns about long-term fundamental strength persist, alongside a mildly bearish technical outlook, despite an attractive valuation compared to peers.

Somi Conveyor Beltings Reports Strong Growth Amid Mixed Long-Term Fundamentals

2025-03-10 08:02:22

Somi Conveyor Beltings has recently adjusted its evaluation, reflecting its current market performance. The company reported strong third-quarter results for FY24-25, with significant growth in profit after tax and net sales. However, it faces challenges with long-term fundamental strength and modest growth rates over the past five years.

Somi Conveyor Beltings Ltd Sees Surge in Trading Activity and Market Engagement

2025-03-06 11:00:10

Somi Conveyor Beltings Ltd, a microcap player in the Rubber Products industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 158.48, reflecting a robust performance with a notable change of Rs 21.93, or 16.6%. The stock opened with a substantial gain of 17.34% and has shown a strong upward trend, outperforming its sector by 15.35%. Over the past two days, Somi Conveyor Beltings has delivered a cumulative return of 20.17%. Today's trading saw a total volume of approximately 1.1 lakh shares, resulting in a turnover of Rs 1.68 crore. The stock has demonstrated high volatility, with an intraday fluctuation of 5.6%. It has traded within a wide range of Rs 16.11, indicating active market engagement. Additionally, the stock's performance is above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day an...

Somi Conveyor Beltings Shows Mixed Technical Trends Amid Strong Long-Term Performance

2025-02-25 10:27:55

Somi Conveyor Beltings, a microcap player in the rubber products industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 142.20, slightly down from the previous close of 144.60. Over the past year, Somi Conveyor has shown a notable return of 40.79%, significantly outperforming the Sensex, which recorded a modest gain of 2.05% during the same period. In terms of technical indicators, the company presents a mixed picture. The MACD indicates bearish momentum on a weekly basis, while the monthly outlook is mildly bearish. The Relative Strength Index (RSI) shows no clear signal for both weekly and monthly assessments. Bollinger Bands suggest a mildly bearish trend weekly, contrasting with a mildly bullish stance monthly. Moving averages indicate a mildly bullish trend on a daily basis, while the KST and On-Balance Volume metrics reflect a ...

Somi Conveyor Beltings Reports Strong Half-Year Growth Amid Long-Term Challenges

2025-02-18 18:29:02

Somi Conveyor Beltings has recently experienced an evaluation adjustment, reflecting its mixed performance amid positive quarterly financial results. The company reported a profit after tax of Rs 3.84 crore and net sales of Rs 61.72 crore, showcasing significant growth, yet faces challenges in long-term financial stability.

View All News

Announcement

Closure of Trading Window

22-Mar-2025 | Source : BSE

Intimation of Closure of Trading Window.

Clarification On Price Movement.

11-Mar-2025 | Source : BSE

Clarification on Price Movement.

Clarification sought from Somi Conveyor Beltings Ltd

10-Mar-2025 | Source : BSE

The Exchange has sought clarification from Somi Conveyor Beltings Ltd on March 10 2025 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

The reply is awaited.