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Mohit Industries Ltd.

BSE: 531453 Sector: Industrials
NSE: MOHITIND ISIN Code: INE954E01012
BSE 00:00 | 17 Aug 11.20 0.20
(1.82%)
OPEN

11.40

HIGH

11.40

LOW

11.00

NSE 00:00 | 17 Aug 11.35 0.30
(2.71%)
OPEN

11.30

HIGH

11.50

LOW

11.15

OPEN 11.40
PREVIOUS CLOSE 11.00
VOLUME 603
52-Week high 66.65
52-Week low 9.49
P/E 65.88
Mkt Cap.(Rs cr) 16
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 11.40
CLOSE 11.00
VOLUME 603
52-Week high 66.65
52-Week low 9.49
P/E 65.88
Mkt Cap.(Rs cr) 16
Buy Price 0.00
Buy Qty 0.00
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.