About
About Mohit Industries Limited
Mohit Industries Limited engages in manufacturing texturized yarn from partially oriented yarn and weaving of yarn to grey cloth in India. The company offers yarn; grey products, including suiting, shirting, laser, georgette, satin, crepe, gaberdin, black-out, BSY moss, BSY twill, blackberry, and nakab/dupatta; and textile products under the MOHIT brand name. It also exports polyester draw texturized yarns. The company also exports its products to West and South East Asia, Europe, the United Kingdom, South Korea, Mexico, Thailand, Czech Republic, Denmark, Germany, Bangladesh, South America, Egypt, Nepal, Brazil, Guatemala, Vietnam, Indonesia, Bulgaria, and internationally. Mohit Industries Limited was incorporated in 1991 and is headquartered in Surat, India.
Research context
Mohit Industries Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Consumer Cyclical
- Industry
- Textile Manufacturing
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5 years, 6 months ago
Mohit Industries Limited is currently in a long term uptrend where the price is trading 177.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.1.
Mohit Industries Limited's total revenue rose by 3.5% to $447M since the same quarter in the previous year.
Its net income has increased by 847.4% to $13M since the same quarter in the previous year.
Finally, its free cash flow fell by 188.7% to $-72M since the same quarter in the previous year.
Based on the above factors, Mohit Industries Limited gets an overall score of 4/5.