Mohit Industries Limited (MOHITIND.BO)
Mohit Industries Limited operates in the Manufacturing - Textiles industry of the Consumer Cyclical sector, headquartered in Surat, GU, IN. The stock last traded at $23.74, down 3.10% on the session, giving a market capitalisation of $328.3M. Its beta of 0.24 implies it has historically moved less than the broad market.
Mohit Industries Limited, an Indian textile enterprise, specializes in the production of texturized yarn from partially oriented yarn and also manufactures grey cloth through its weaving operations within India. Its product portfolio encompasses a range of textile goods, including various types of yarn, grey fabric, and finished fabric products. The company maintains a strong international presence, exporting to a diverse array of markets across West and South East Asia, Europe (including the United Kingdom, Italy, Spain, and Germany), North and South America (such as Mexico, Peru, Brazil, and Colombia), and Africa (like South Africa and Egypt), alongside other nations including Thailand, Bangladesh, Guatemala, Vietnam, Indonesia, Bulgaria, Uzbekistan, and Chili. Established in 1991, its corporate headquarters are located in Surat, India.
Mohit Industries Limited is most often compared with the following Consumer Cyclical names: