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Mohit Industries Ltd Share Price (MOHITIND)

₹221.12%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Mohit Industries Ltd share Performance

  • ₹21.75
    ₹22.4
    ₹22
    downward going graph

    1.14%

    Low

    Day's Volatility:2.95%

    High

    1.82%

    downward going graph
  • ₹12.35
    ₹24.85
    ₹22
    downward going graph

    43.86%

    Low

    52 Weeks Volatility:56.82%

    High

    12.95%

    downward going graph
1 Month Return15.28 %
3 Month Return7.23 %
1 Year Return70.5 %
Previous Close₹22.25
Open₹21.75
Volume10.91K
Upper Circuit-
Lower Circuit-
Market Cap₹31.51Cr

Company Information

Mohit Industries Ltd. was established in 1991 as a private limited company and was later converted into a public limited company in 1995. It specialized in trading yarn and eventually set up a plant in the Gujarat district of Surat to manufacture weaving cloth with the capacity of 6 lac mtr pa. Now, the company plans to increase the installed capacity of fabric production to 23.76 lac mtr pa and install two texturising plants to produce 1386 tpa for captive consumption. In addition, the installed capacity of texturised yarn was increased to 24.8 million Kg in 1997-98 and the company's shares were delisted from the Jaipur Stock Exchange. Promoted by Narayan Saboo and Sitaram Saboo, Mohit Industries Ltd. has helped to create efficient and high-quality textile solutions for more than two decades.

Share Price: ₹22.00 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹31.51Cr as of today
Revenue: ₹29.54Cr as on December 2023 (Q4 23)
Net Profit: ₹0.42Cr as on December 2023 (Q4 23)
Listing date: 14 Mar, 2013
Chairperson Name: Narayan Sitaram Saboo
OrganisationMohit Industries Ltd
HeadquartersSurat
IndustryTextiles
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Key events for Mohit Industries Ltd

  • Mohit Industries Ltd Shares Gain 26% in a Month - 13 Apr, 2024

    Mohit Industries Ltd shares have gained 26% in the last month, bringing the annual gain to 71%. The company's low price-to-sales ratio of 0.2x is due to falling revenues over the past year, which are weaker than industry expectations. Shareholders may continue to accept this unless revenue conditions improve.

Fundamentals of Mohit Industries Ltd

Insights on Mohit Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -0.96 Cr → -0.42 Cr (in ₹), with an average increase of 128.6% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, MOHITIND stock has moved up by 15.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 190.3% return, outperforming this stock by 119.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.32% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 45.68% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 374.6% return, outperforming this stock by 149.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 38.97 Cr → 29.75 Cr (in ₹), with an average decrease of 23.7% per quarter

Mohit Industries Ltd Valuation

Mohit Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-190.00x)

November 14, 2019

Today (-11.59x)

April 18, 2024

Industry (76.43x)

April 18, 2024

Highest (621.67x)

October 7, 2022

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
54.32%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
45.68%
0.00
Others
0%
0.00

Technicals of Mohit Industries Ltd share

News & Events of Mohit Industries Ltd

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Mohit Industries Ltd (MOHITIND) share price today is ₹22

Mohit Industries Ltd is listed on NSE

Mohit Industries Ltd is listed on BSE

  • Today’s highest price of Mohit Industries Ltd is ₹22.4.
  • Today’s lowest price of Mohit Industries Ltd is ₹21.75.

PE Ratio of Mohit Industries Ltd is -11.59

PE ratio = Mohit Industries Ltd Market price per share / Mohit Industries Ltd Earnings per share

Today’s traded volume of Mohit Industries Ltd(MOHITIND) is 10.91K.

Today’s market capitalisation of Mohit Industries Ltd(MOHITIND) is ₹31.51Cr.

Mohit Industries Ltd(MOHITINDPrice
52 Week High
₹24.85
52 Week Low
₹12.35

Mohit Industries Ltd(MOHITIND) share price is ₹22. It is down -11.47% from its 52 Week High price of ₹24.85

Mohit Industries Ltd(MOHITIND) share price is ₹22. It is up 78.14% from its 52 Week Low price of ₹12.35

Mohit Industries Ltd(MOHITINDReturns
1 Day Returns
-0.25%
1 Month Returns
15.28%
3 Month Returns
7.23%
1 Year Returns
70.5%