SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mohit Industries rises on receiving approval to demerge AAC Blocks business

01 Jun 2015 Evaluate

Mohit Industries is currently trading at Rs. 60.80, up by 0.75 points or 1.25% from its previous closing of Rs. 60.05 on the BSE.

The scrip opened at Rs. 64.90 and has touched a high and low of Rs. 64.90 and Rs. 60.70 respectively. So far 17,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 67.95 on 28-May-2015 and a 52 week low of Rs. 27.15 on 17-Jul-2014.

Last one week high and low of the scrip stood at Rs. 67.95 and Rs. 58.05 respectively. The current market cap of the company is Rs. 86.08 crore.

The promoters holding in the company stood at 67.77% while Non-Institutions held 32.23% respectively.

Mohit Industries has received an approval for demerger of AAC Blocks (Aerated Autoclave Concrete) business into a separate company. The board of directors at their meeting held on May 30, 2015 has approved for the same.

This step has been taken in order to achieve operational, administrative efficiencies and with a view to concentrate on the focused business, facilitate expansion, or any other arrangement depending on the opportunity in the future.

Mohit Industries is one of the top notch manufacturers of fabrics & texturised yarn in the nation. It has recently diversified into the construction materials industry in adherence to its long term vision and goals.


Mohit Industries Share Price

24.95 0.00 (0.00%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 130.35
Vardhman Textiles 570.50
Arvind 440.60
K.P.R. Mill 932.20
Page Industries 36955.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×