Mohit Industries is currently trading at Rs 65.75, up by 2.85 points or 4.53% from its previous closing of Rs 62.90 on the BSE.
The scrip opened at Rs 64.00 and has touched a high and low of Rs 66.80 and Rs. 63.05 respectively. So far 285572 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 68.00 on 04-Dec-2012 and a 52 week low of Rs 21.05 on 23-Dec-2011.
Last one week high and low of the scrip stood at Rs 66.65 and Rs 53.95 respectively. The current market cap of the company is Rs 93.09 crore.
The promoters holding in the company stood at 66.73% while Institutions and Non-Institutions held 1.31% and 31.96% respectively.
Mohit Industries has received an order from the Tamil Nadu Handloom Weavers Co-Operative Society, a Tamil Nadu Government undertaking for supply of 11,00,000 polycot dhoties. The total amount of the tender allocated to the company is approximately Rs 10 crore.
Previously the company had received an order for supply of 25,00,000 polyster printed sarees from the Tamil Nadu Handloom Weavers Co-Operative Society. The total amount of the tender allocated to the company was approximately Rs 30 crore. Further the company supplied this order before due date successfully.
Mohit Industries is involved in manufacturing of DTY (Drawn Textured Yarn) and grey fabric. The company’s plants are located at Kim (Surat) and Silvassa. Currently it has an installed capacity of 22537 MTPA for manufacturing DTY and 9.50 million metres pa for manufacturing grey fabric. The company also has a captive gas based power plant with power generation capacity of 451 KVA.
