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Mohit Industries Ltd.

BSE: 531453 Sector: Industrials
NSE: MOHITIND ISIN Code: INE954E01012
BSE 00:00 | 15 Feb 9.28 0.35
(3.92%)
OPEN

9.35

HIGH

9.35

LOW

9.28

NSE 00:00 | 15 Feb 8.55 0.15
(1.79%)
OPEN

8.15

HIGH

9.15

LOW

7.90

OPEN 9.35
PREVIOUS CLOSE 8.93
VOLUME 3
52-Week high 40.90
52-Week low 6.64
P/E 37.12
Mkt Cap.(Rs cr) 13
Buy Price 8.80
Buy Qty 1.00
Sell Price 8.99
Sell Qty 202.00
OPEN 9.35
CLOSE 8.93
VOLUME 3
52-Week high 40.90
52-Week low 6.64
P/E 37.12
Mkt Cap.(Rs cr) 13
Buy Price 8.80
Buy Qty 1.00
Sell Price 8.99
Sell Qty 202.00

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.