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MOHITE INDUSTRIES Share price

MOHITE

TextileSmall

3.42

0.06 (-1.72%)
Last updated on 23 May, 2025 | 15:45 IST
BUYSELL
Today's High

3.42

Today's Low

3.42

52 Week Low

3.42

52 Week High

16.34

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Mohite Industries Chart

MOHITE INDUSTRIES Share Key Metrics

Volume
33754.00
Market Cap
68.74 CR
LTQ@LTP
10@3.42
ATP
3.42
Var Margin
53.5 %
Circuit Range
3.42-3.54
Delivery %
0 %
Value
1.15 L
ASM/GSM
No
Market Lot
1

MOHITE INDUSTRIES Futures & Options

Data Not Found

MOHITE INDUSTRIES Corporate Actions

DateAgenda
2025-05-30Audited Results
2025-02-14Quarterly Results
2025-01-31-
DateEvent TypeAgenda
2025-05-30Board MeetingAudited Results
2025-02-14Board MeetingQuarterly Results
2025-01-31Splits-

MOHITE INDUSTRIES News

No Data Found

About MOHITE INDUSTRIES

NSE : 0  
BSE : 532140  
ISIN : INE154B01023  

The company was incorporated on 31st October 1990 as aPublic Limited company and received the Certificate forCommencement of Business on 22nd March 1991 from Registrarof Companies Maharashtra. The Company has set up a 100%E.O.U. cotton spinning unit at R.S. No.347 Ambapwadi Phata(Vadgaon) Ott. N.H.4 (Hatkanangale Block) MaharashtraState Pin Code - 416 112. The company shall export theentire 100% production excluding rejections not exceeding5% for a period of 10 years. After the export obligationperiod is over the unit shall be allowed to produce fordomestic market in the light of industrial policy in forceat the time in relation to manufacture of items reservedfor small scale sector.The company has received a letter of intent from Governmentof India Ministry of Industry (SIA) vide fetterNo:LI:EOB:18(91)/ E.O.432(90)/IL dated 5th February 1991for 21168 spindles and 1080 rotors for the manufacture ofcarded and combed yarn upto 60 counts. This permission wasmodified for 26568 spindles by Government of IndiaMinistry of Industry (SIA) vide letter No.E.O.432(90)-INdated 29th August 1995.The company decided to implement the project in phases. Inthe first phase the company decided to install 14112spindles of which the company has already installed 7056spindles and started the production thereon from 2nd May1995. It was proposed to expand the capacity by puttingadditional 7056 spindles so as to make the total installedcapacity to 14112 spindles. Accordingly additional 7056spindles are installed and the company has started thecommercial production for the expanded capacity in December1995. In the second phase the company proposes to installadditional spindles in order to make the total installedcapacity to 26568 spindles. However company has notfinalised any plan for the second phase. The second phasehas no connection with the present issue.The company''s day to day operations are looked after by Mr.Anant Yashwant Bhide who is incharge of the company aschief executive. He has experience for working as chiefexecutive with Arwind Cotspin Ltd and Amit Spinning &Weaving Industries Ltd Kolhapur.The raw material requirement of the company is met by themajor suppliers like Highspin (Gujarat) Pvt. Ltd Limbdi(Dist - Surendranagar) Resham Udyog Pvt. Ltd Ahmedabadand Jayesh Cotton Company Mumbai. The quality of the yarnproduced by the company has been appreciated by LakshmiMachine Works Ltd. Coimbatore as very good and the Usterlevel in the top.The company is exporting its products and the major buyersare Dianong Corporation Seoul South Korea Golden FieldUnited Textiles Ltd China Granada Trading Ltd IsraelIndotech Ltd Hong Kong Essar Textiles Ltd MauritiusArwind Worldwide (M) Inc Hong Kong and Zinger ZamirKnitting Factory Israel.The company has to face the major competitors in the areaof Kolhapur like Arvind Cotspin Ltd Amit Spinning &Weaving Industries Ltd Indo Count Industries Ltd.Eurotex Industrial-and Exports Ltd. and Nagrika ExportsLtd.

MOHITE INDUSTRIES Management

NamePosition
Mr. Shivaji Ramchandra Mohite Managing Director
Mr. Abhay Shamrao Bhide Whole Time Executive Director & CEO
Mr. Nikhil Vijay Nawandhar Independent Director
Mr. Bhushan Madhukar Deshpande Independent Director
Mr. Annasaheb Dhondiba More Independent Director
Read More

MOHITE INDUSTRIES FAQs

The Buying Price of MOHITE INDUSTRIES share is 3.42 For live prices and instant trading, you can log in to your Choice trading account or open a Free Demat account with Choice.

To buy MOHITE INDUSTRIES share log in to your Choice trading account, or open a Choice Demat account, then add funds, search the company name, select your order type, and place your trade.

The Price-to-earnings (P/E) ratio of MOHITE INDUSTRIES shares is 11.2. You can compare it with the sector average for relative valuation.

The Price to Book (P/B) ratio MOHITE INDUSTRIES shares is 0.6. Useful to assess the stock's value relative to its book value.

To assess MOHITE INDUSTRIES’s valuation compare Sector P/E, P/B which are 15.53 & -3.92 with sector averages, along with growth rates and financial metrics.

The Market Cap of MOHITE INDUSTRIES is 68.74 CR. It indicates the company's size category and trading liquidity.

The 52 week high and low prices of MOHITE INDUSTRIES share price is 16.34 & 3.42. They indicate price extremes, trading ranges, volatility measures, potential support/resistance, and price momentum.