Mohite Industries Ltd Performance
Open
51.4
Traded Value (Cr)
38.82 L
Prev. Close
50.74
VWAP
54.6
Volume
79,177
Face Value
10
Mohite Industries Ltd Fundamentals
Mohite Industries Ltd Financials
Resistance and Support
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PIVOT
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First Resistance | ₹0.000 |
Second Resistance | ₹0.000 |
Third Resistance | ₹0.000 |
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First Resistance | ₹0.000 |
Second Resistance | ₹0.000 |
Third Resistance | ₹0.000 |
Delivery and Volume
About Mohite Industries Ltd
Incorporated on 31st Oct.'90 as a public limited company, R M Mohite Textiles (RMMTL) was promoted by Rsmchandra Maruti Mohite, Dilip R Mohite, A R Mohite, Arvind G Gaonkar and Shivaji R Mohite. It obtained the certificate of commencement of business on 22nd Mar.'91. The company set up a 100% export oriented cotton spinning unit to manufacture carded and combed yarn which commenced commercial production on 2nd May'93. RMMTL came out with a public issue in Dec.'96 to part-finance its 100% EOU expansion project to manufacture a variety of cotton yarn 30/1s (combed and carded) count. Looking to the high potential of the cotton yarn exports, company has gone for expansion by setting up of 12096 spindles. The cost of expansion project was Rs 36.00 crores. Commercial operations relating to the expansion project was started from 1st October 1998. The quality of yarn produced is well appreciated by many overseas buyers and over-all market. The company planned for an investment of Rs. 7 crores under the Technology Upgradation Scheme and IDBI has sanctioned as the above as Term Loan.
Managing Director
Shivaji Ramchandra Mohite
Founded
1990
NSE Symbol
Mohite Industries Ltd Management
Name | Designation |
---|---|
Shivaji Ramchandra Mohite | Chairman & Managing Director |
Monika Shivaji Mohite | Joint Managing Director |
Abhay S Bhide | Whole Time Director & CEO |
Bhushan Madhukar Deshpande | Independent Director |
Annasaheb Dhondiba More | Independent Director |
Vijay M. Nawandhar | Independent Director |
Parsharam Adav | Company Sec. & Compli. Officer |
Mohite Industries Ltd News
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