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Mohit Industries Ltd.

BSE: 531453 Sector: Industrials
NSE: MOHITIND ISIN Code: INE954E01012
BSE 00:00 | 03 Jul 3.45 0.15
(4.55%)
OPEN

3.17

HIGH

3.45

LOW

3.17

NSE 00:00 | 30 Jun 3.95 0
(0.00%)
OPEN

3.65

HIGH

3.95

LOW

3.65

OPEN 3.17
PREVIOUS CLOSE 3.30
VOLUME 1623
52-Week high 7.00
52-Week low 2.91
P/E
Mkt Cap.(Rs cr) 5
Buy Price 3.17
Buy Qty 399.00
Sell Price 3.45
Sell Qty 148.00
OPEN 3.17
CLOSE 3.30
VOLUME 1623
52-Week high 7.00
52-Week low 2.91
P/E
Mkt Cap.(Rs cr) 5
Buy Price 3.17
Buy Qty 399.00
Sell Price 3.45
Sell Qty 148.00

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.