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Mohit Industries Ltd share Price Today

Company details

23.01
23.75
13.10
24.85
6M Return 26.41%
1Y Return 53.53%
Mkt Cap.(Cr) 32.93
Volume 37,262
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 37,262

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Mohit Industries Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (7)

  • Red Flag: High Interest Payments Compared to Earnings
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Degrowth in Revenue and Profit

Opportunity (3)

  • Turnaround companies- loss to profit QoQ
  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 23.7
R2 24.1
R3 24.4
Pivot

23.34

S1 22.9
S2 22.6
S3 22.2
EMA SMA
21.9
21.6
21.0
19.9
21.5
21.7
21.5
19.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
KRUNALKUMAR KANUJI THAKOR Bulk Purchase 2024-04-26 22.79 21200 NSE
KRUNALKUMAR KANUJI THAKOR Bulk Sell 2024-04-26 22.09 84821 NSE
AMIT KUMAR JAIN Bulk Purchase 2024-01-11 20.5 81855 NSE
Name Category Shares
MOHIT YARNS LIMITED PROMOTER 13.92%
MOHIT OVERSEAS LIMITED PROMOTER 11.29%
MASK INVESTMENTS LIMITED PROMOTER 10.09%
NARAYAN SITARAM SABOO PROMOTER 5.55%
MADHU NARAYAN SABOO PROMOTER 4.39%
MOHIT EXIM PRIVATE LIMITED PROMOTER 4.24%
NARESH SITARAM SABOO PROMOTER 1.9%
MOHIT NARAYAN SABOO PROMOTER 1.15%
MANISH NARAYAN SABOO PROMOTER 0.53%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Mohit Industries Ltd Stocks COMPARISON

Financials( in Cr) Mohit Industries Ltd Grasim Industries Ltd Trident Ltd Raymond Ltd Welspun Living Ltd
Price 23.26 2,471.20 39.39 2,487.50 144.14
% Change -0.04 0.53 -1.60 -1.34 2.36
Mcap Cr 32.93 168,177.52 20,072.97 16,560.28 14,007.64
Revenue TTM Cr 167.19 117,627.08 6,332.26 9,019.51 8,093.76
Net Profit TTM Cr -1.47 11,078.20 441.61 1,643.07 202.51
PE TTM 0.00 26.94 57.06 9.90 20.56
1 Year Return 53.53 42.76 17.58 50.06 51.01
ROCE 1.49 9.04 11.89 30.24 5.91
ROE -0.92 14.35 10.99 43.72 5.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 180.65 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,452.94 -2,589.17
LAST 3M 105,794.56 -32,067.62
LAST 6M 178,880.68 -18,917.36
LAST 12M 290,144.87 98,834.05

Mohit Industries Ltd Information

Stock PE (TTM)
0
Promoter Holding
54.32%
Book Value
192.9025
ROCE
1.49%
ROE
-0.92%
Description
  • Mohit Industries Ltd. (formerly known Mohit Fibres Pvt Ltd) was incorporated as a Private Company in February, 1991 and was converted into a Public Company in Feb.`95. The Company is primarily engaged in manufacture of Texturized Yarn from POY and weaving of the Yarn to Grey Cloth. 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. The name of the Company was changed from Mohit Fibres Limited to Mohit Industries Limited. During the year 1997-98, the Company increased the installed capacity of texturised yarn to 24,80,000 Kgs and delisted the shares from Jaipur Stock Exchange. In 1998, it expanded the business by setting up one more unit in Silvassa with a capacity of 2980 MTPA . The new Texturising Unit commenced its operations during FY 1998-99. The Company established new plant and machinery worth Rs.1.5 Crores, during 2003-04. The new Autoclaved Aera ted Concrete (ACC) Blocks Manufacturing Plant commenced its operations in September, 2012 at Umargaon, Gujarat. In 2015, the Company installed 2 new texturising Machines and 50 High Speed Shuttle-less water Jet Loom in Kim making total 16 Texturising Machines, 150 shuttle less water jet looms, 144 Conventional Shuttle Looms and 17 TFO machines with a production capacity of 21000 MT of Draw Texturised Yarn and 12 million meters of Grey fabrics. In 2015-16, the Scheme of Arrangement and Demerger between the Company and Bigbloc Construction Limited was effective from 01st April, 2015. As a result, all the assets and liabilities of AAC Block Division of the Company became assets & liabilities of Bigbloc Construction Limited (BCL). As per terms of the Scheme, each shareholder of Company in respect of each share held in the Company, was allotted, one share each of BCL of face value of Rs. 10/- each as fully paid up.

Registered Address

A/601 B International Trade, Center Majura Gate Ring Road, Surat, Gujarat, 395002

Tel : 91-261-2463261/2463262/2463263
Email : contact:mohitindustries.com
Website : http://www.mohitindustries.com
Registrar

Adroit Corp. Services Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 531453
NSE Code : MOHITIND
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE954E01012

FAQ’s on Mohit Industries Ltd Shares

You can buy Mohit Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mohit Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:56 PM the closing price of Mohit Industries Ltd was Rs.23.26.

The latest PE ratio of Mohit Industries Ltd as of Jun 14, 2024 03:56 PM is 0.00

The latest PB ratio of Mohit Industries Ltd as of Jun 14, 2024 03:56 PM is 8.29

The 52-week high of Mohit Industries Ltd share price is Rs. 24.85 while the 52-week low is Rs. 13.10

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:56 PM, the market cap of Mohit Industries Ltd stood at Rs. 32.93.

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