Support and Resistance Levels
Past performance
About Suumaya Industries Ltd Suumaya Industries Limited, originally established as Richway Infrastructure Limited in 2011, has undergone several name changes, eventually adopting its current name in November 2020. Initially engaged in real estate, the company transitioned to the textile industry, focusing on the manufacturing of designer women's apparel such as kurtis, ethnic tops, and salwar suits. This shift was marked by the 2017 acquisition of Suumaya Fashions, which integrated manufacturing operations into the company. The acquisition enabled Suumaya Industries to expand its product range to include a variety of garments and accessories for both genders, made from diverse materials.
Listed on the BSE Limited in 2014, Suumaya Industries transitioned from a trading-focused entity to a manufacturing-centric business, further solidifying its position in the apparel industry through a public offering in 2018. This capital raise helped expand its operations and support its growth in the competitive textile sector. Suumaya Industries stands as a prominent player in the designer women's apparel market, offering unique and diverse fashion collections.