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Mohit Industries Ltd.

BSE: 531453 Sector: Industrials
NSE: MOHITIND ISIN Code: INE954E01012
BSE LIVE 15:56 | 24 Nov 56.50 5.55
(10.89%)
OPEN

51.70

HIGH

56.90

LOW

51.70

NSE 15:59 | 24 Nov 56.35 5.20
(10.17%)
OPEN

51.75

HIGH

56.85

LOW

51.75

OPEN 51.70
PREVIOUS CLOSE 50.95
VOLUME 424319
52-Week high 66.25
52-Week low 27.10
P/E 88.28
Mkt Cap.(Rs cr) 80
Buy Price 56.50
Buy Qty 69952.00
Sell Price 0.00
Sell Qty 0.00
OPEN 51.70
CLOSE 50.95
VOLUME 424319
52-Week high 66.25
52-Week low 27.10
P/E 88.28
Mkt Cap.(Rs cr) 80
Buy Price 56.50
Buy Qty 69952.00
Sell Price 0.00
Sell Qty 0.00

Mohit Industries Ltd. (MOHITIND) - Company History

Promoted by Narayan Saboo and Sitaram Saboo, Mohit Industries Ltd., formerly knwon as Mohit Fibres was incorporated as a private limited company in Feb.'91 and was converted into a public limited company in Feb.'95. The company started its activities by trading in yarn. It set up a plant to manufacture weaving cloth in the Surat district of Gujarat, with an installed capacity of 6 lac mtr pa. The company proposes to increase the installed capacity to manufacture fabrics, from 6 lac mtr pa to 23.76 lac mtr pa. It is also going in for a backward integration by setting up two texturising plant having a combined installed capacity of 1386 tpa. The part of the production of texturising plant will go for captive consumption. During the year 1997-98, it increased the installed capacity of texturised yarn to 24,80,000 Kgs and delisted the shares from Jaipur Stock Exchange.