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Mohit Industries Limited
Share Price Target & Analysis

NSE:MOHITIND

27.88

VWAP

27.94

Open

27.19

Close

28.15

High

27.43

Low

36.75

52 Week High

28.06 ⇧
0.87 (3.2%)

MOHITIND

(TEXTILES)
57.1% Momentum

Turnaround Potential

16.5

52 Week Low

N/A

EPS

4.5

PE

0.88

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: MOHITIND Share Price Financial Analysis & Valuation

Mohit Industries Limited (MOHITIND) is broadly categorized in TEXTILES segment industry which deals in Textiles - Processing vertical. It is one of Penny Stocks company with Market Capitalization of Rs 26.3 (in Cr). Total number of free float shares are 1.4 (in Lacs). Mohit Industries Limited is listed on NSE with Exchange ID - INE954E01012 and trading code is NSE:MOHITIND with short name Mohit Ind.

In the past 1 year, Mohit Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of MOHITIND at Rs 28.06, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:MOHITIND, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MOHITIND underlying value and future prospects. All of this data is available in MOHITIND financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MOHITIND, it is clearly understood that MOHITIND is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:MOHITIND book value per share as of today is 31.77. The current price to book ratio for MOHITIND as of Nov 23, 2024 is 0.88.

Valuation of the Stock: The current valuation of MOHITIND stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MOHITIND whether to BUY this stock at current valuation. The delivery percentage of MOHITIND is 63.86% is very crucial parameter which shows that 63.86% investors are anticipating that the price of MOHITIND share should go up with VWAP at 27.88.

Now, the main question is whether to BUY or SELL, NSE:MOHITIND at current valuation.
As per latest Analysis No. #613:-

⇑ STRONG BUY MOHITIND if All Greens

⇗ BUY MOHITIND (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MOHITIND (With Stop Loss) if only 1 Green

⇘ SELL MOHITIND if NO Green Indicator

NSE: MOHITIND Share Price Today (Nov 23, 2024)

(Mohit Industries Limited Daily Analysis on the basis of MOHITIND Intraday Graph & Trend)

Mohit Industries Limited share price moved Up by 3.2% from its previous close of Rs 27.19. MOHITIND stock last traded price is 28.06. MOHITIND share price trend is Up with a total of 58335 stocks traded till now. It has touched an intraday high of Rs 28.15 and an intraday low of Rs 27.43. The MOHITIND trading at 28.06, Up by Rs. 0.87, or 3.2 percent which suggests that most of the Traders are anticipating that the price of MOHITIND share should go Up.

NSE: MOHITIND Share Price Tomorrow Prediction

(Mohit Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MOHITIND)

Mohit Industries Limited share price moved Up by 3.2%. MOHITIND share price short term trend is Up. It suggests that MOHITIND Share Price for Tomorrow remains the same with VWAP at 27.88 will be treated as stop loss for intraday traders. Mohit Industries Limited Long term investors can follow the MOHITIND long term trend as mentiond in future forecast table.

NSE Code

NSE: MOHITIND

MOHITIND Share Price Today

 28.06

MOHITIND Share Price Target Prediction for 2024 ^

 25.6 - 36.9

MOHITIND Share Price Target Prediction for 2025*^

 36.9 - 38.4

MOHITIND Share Price Target Prediction for 2026*^

 38.4 - 40.3

MOHITIND Share Price Target Prediction for 2027*^

 42

MOHITIND Share Price Target Prediction for 2028*^

 43

MOHITIND Share Price Target Prediction for 2030*^

 46
MOHITIND Current Book Value 2023
31.6

*Mohit Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MOHITIND share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MOHITIND Technical Analysis

Candlestick Pattern: @28.89

MOHITIND Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 29.87 SELL 29.66 SELL
MA_12 29.21 SELL 29.3 SELL
MA_20 28.51 BUY 28.98 SELL
MA_32 28.31 BUY 28.6 BUY
MA_50 28.41 BUY 28.3 BUY
MA_100 27.8 BUY 27.51 BUY
MA_200 24.9 BUY 25.17 BUY

MOHITIND Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 28.51 Uptrend
MACD 0.12 BUY
ADX 14.65 NO or Weak Trend
DMI (+/-) 14.74 / 23.33 Downtrend

MOHITIND Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 50.83 Neutral
STOCHASTIC_K (Fast) 21.67 Neutral
STOCHASTIC_D (Slow) 44.77 Neutral
CCI -3.19 Neutral
PSAR 31.19 SELL
TRUE RANGE 1.5 Neutral
ATR 1.38 Neutral
WILLIAMS R -44.32 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 32.7 Neutral
MOMENTUM 0.4 BUY

MOHITIND Last 1 Year Trend

Duration Value
1 Year 59.61%
3 Months 15.05%
1 Month 1.4%
1 Week -4.5%

MOHITIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 33%
SELL 27%

Most popular Questions & Answers about MOHITIND


Mohit Industries Limited stock last traded price is 28.06. MOHITIND share price moved Up by 3.2% from its previous close of Rs 27.19.

Mohit Industries Limited share price trend is Up with a total of 58335 stocks traded till now. It has touched an intraday high of Rs 37.1175 and an intraday low of Rs 27.43. The MOHITIND trading at 28.06, Up by Rs. 0.87, or 3.2 percent which suggests that most of the Traders are anticipating that the price of MOHITIND share should go Up and the Stop Loss will be around 27.88.

The market cap of Mohit Industries Limited is ₹26.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Mohit Industries Limited as of Nov 22, 2024 is 4.5.

The current price to book ratio for Mohit Industries Limited as of Nov 22, 2024 is 0.88.

The highest price of Mohit Industries Limited stock is ₹36.75 in the last 52-week.

The lowest price of Mohit Industries Limited stock is ₹16.5 in the last 52-week.

Mohit Industries Limited share trading at ₹28.06, Up by Rs. 0.87, or 3.2 percent which suggests that most of the traders are anticipating that the price of MOHITIND share should go Up.

In 2023, Stock price target for Mohit Industries Limited (MOHITIND) are ₹25.6 on downside and ₹36.9 on upside. Mohit Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Mohit Industries Limited (MOHITIND) are ₹36.9 on downside and ₹38.4 on upside. Mohit Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Mohit Industries Limited (MOHITIND) are ₹38.4 on downside and ₹40.3 on upside. Mohit Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Mohit Industries Limited (MOHITIND) will be around ₹43 Mohit Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MOHITIND.

The price of Mohit Industries Limited (MOHITIND) shares moved by 3.2%. The short-term trend for MOHITIND share price is Up. It implies that the share price of MOHITIND will stay the same tomorrow and that intraday traders should treat VWAP at 27.88 as a stop loss. Investors with a long-term outlook can track MOHITIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MOHITIND stock is Unavailable at this moment. Compared to the current market price of 28.06 INR, the MOHITIND stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Mohit Industries Limited (MOHITIND), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Mohit Industries Limited book value per share as of today is 31.77. The current price to book ratio for MOHITIND as of Nov 23, 2024 is 0.88.


NSE:MOHITIND News & Other Useful Information about MOHITIND Share Price


Peer Comparison of NSE: MOHITIND

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - Processing

Company Price EPS BV
LUXIND 1785.05 53.94 526.06
GANECOS 2235.85 32.24 429.7
AYMSYNTEX 245.78 4.86 83.56
SARLAPOLY 87.04 6.24 56.1
WEIZMANIND 123.07 5.53 41.74
RAJRILTD 22.80 0 1.5
MOHITIND 28.06 0 31.77
RAJRAYON 22.80 0 1.5
Updated at: 22 Nov 2024 15:53

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