Mohit Industries Ltd. logo

Mohit Industries Ltd. (MOHITIND)

Market Closed
11 Aug, 10:00
XNSE XNSE
26. 19
+0.1
+0.3833%
385.09M Market Cap
- P/E Ratio
4% Div Yield
6,499 Volume
- Eps
26.09
Previous Close
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Day Range
25.85 27
Year Range
18.6 40.19
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Summary

MOHITIND closed today higher at ₹26.19, an increase of 0.3833% from yesterday's close, completing a monthly increase of 9.6275% or ₹2.3. Over the past 12 months, MOHITIND stock lost -6.8303%.
MOHITIND is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on XNSE (INR).

MOHITIND Chart

Mohit Industries Ltd. (MOHITIND) FAQ

What is the stock price today?

The current price is ₹26.19.

On which exchange is it traded?

Mohit Industries Ltd. is listed on XNSE.

What is its stock symbol?

The ticker symbol is MOHITIND.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 4%.

What is its market cap?

As of today, the market cap is 385.09M.

Has Mohit Industries Ltd. ever had a stock split?

No, there has never been a stock split.

Mohit Industries Ltd. Profile

Textiles, Apparel & Luxury Goods Industry
Consumer Discretionary Sector
- CEO
XNSE Exchange
Y6136U100 CUSIP
India Country
364 Employees
11 Aug 2016 Last Dividend
- Last Split
- IPO Date

Overview

Mohit Industries Limited is a prominent enterprise based in Surat, India, with a specialized focus on the textile industry. Since its inception in 1991, the company has dedicated itself to manufacturing high-quality textile products. It operates in the domain of converting partially oriented yarn into texturized yarn and further weaving this yarn into grey cloth. Mohit Industries stands out not only for its robust domestic presence but also for its significant global footprint. It exports a wide array of products across various continents, reaching customers in West and South East Asia, Europe (the United Kingdom, Italy, Spain, and Germany), the Americas (Mexico, Brazil, Colombia, and Guatemala), Africa (South Africa and Egypt), and many more regions. The strategic headquartering in Surat, a city known for its diamond and textile industries, aids the company in leveraging local expertise and contributing significantly to its operational excellence and market reach.

Products and Services

  • Yarn

    Mohit Industries excels in the production of texturized yarn, which is created by adding texture to partially oriented yarn. This process enhances the yarn's physical properties, making it more suitable for various textile applications. The company's yarn products find extensive use across different textile manufacturing processes, significantly boosting the quality and diversity of the final textile products.

  • Grey Cloth

    The company further processes its texturized yarn to produce grey cloth, an essential base material for the textile industry. Grey cloth refers to fabric that has been woven but not yet dyed or finished. It serves as a foundational material that can be transformed into numerous finished textile products. Mohit Industries' expertise ensures that its grey cloth meets rigorous standards, catering to a wide range of industrial needs and paving the way for the production of high-quality apparel and other fabric products.

  • Fabric Products

    Apart from yarn and grey cloth, Mohit Industries has diversified its product portfolio to include a variety of fabric products. These products encapsulate the company's commitment to quality and innovation. By constantly evolving its product range to meet contemporary needs, Mohit Industries addresses various market segments, including fashion, home décor, and industrial applications. The inclusion of fabric products in its offerings allows the company to provide comprehensive textile solutions to its global clientele.

Contact Information

Address: Office no. 908, 9th, Rajhans Montessa
Phone: 91 26 1246 3262