Mohite Industries (BOM:532140) 9-Day RSI: 48.43 (As of Aug. 17, 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532140 Mohite Industries Ltd BOM:532140
70 GF Score
Price ₹2.68
GF Value ₹5.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mohite Industries 9-Day RSI?

Mohite Industries BOM:532140 +0.75% 70 9-Day RSI is 48.43 as of Aug. 17, 2026. GuruFocus rates BOM:532140 with a GF Score™ of 70/100 and a GF Value™ of ₹5.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,161 Manufacturing - Apparel & Accessories companies, Mohite Industries ranks better than 57.97% on this metric.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2026-08-17), Mohite Industries's 9-Day RSI is 48.43.

The industry rank for Mohite Industries's 9-Day RSI or its related term are showing as below:

BOM:532140's 9-Day RSI is ranked better than
57.97% of 1161 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 51.32 vs BOM:532140: 48.43

Mohite Industries  (BOM:532140) 9-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Mohite Industries 9-Day RSI Related Terms


Mohite Industries 9-Day RSI Competitor Comparison

For the Textile Manufacturing subindustry, Mohite Industries's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mohite Industries 9-Day RSI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohite Industries's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Mohite Industries's 9-Day RSI falls into.


BOM:532140
70GF Score
Mohite Industries Ltd BOM:532140
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mohite Industries  (BOM:532140) 9-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 48.43 mean?
Mohite Industries (BOM:532140) has a 9-Day RSI of 48.43 as of Aug. 17, 2026. According to the industry distribution chart, Mohite Industries ranks #488 out of 1161 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42%.
Is Mohite Industries' 9-Day RSI too high?
Mohite Industries' current 9-Day RSI is 48.43. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 51.32. Mohite Industries' value of 48.43 is 5.6% below this industry median. Based on the distribution chart, Mohite Industries ranks #488 out of 1161 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Mohite Industries has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mohite Industries' 9-Day RSI compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mohite Industries ranks #488 out of 1161 companies for 9-Day RSI. This puts Mohite Industries in the upper half of its industry. The industry median 9-Day RSI is 51.32. Mohite Industries' value of 48.43 is 5.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Manufacturing - Apparel & Accessories company?
The median 9-Day RSI among Manufacturing - Apparel & Accessories companies is 51.32, based on 1,161 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mohite Industries's current 9-Day RSI of 48.43 is 5.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median 9-Day RSI is 51.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mohite Industries's current 9-Day RSI is 48.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mohite Industries stock overvalued right now?
Based on GuruFocus' analysis, Mohite Industries (BOM:532140) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5.28, compared to a current price of ₹2.68 — trading 49.2% below its estimated fair value. The current 9-Day RSI is 48.43 and 5.6% below the Manufacturing - Apparel & Accessories industry median of 51.32. Mohite Industries' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Mohite Industries (BOM:532140), the current 9-Day RSI is 48.43 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mohite Industries (BOM:532140) Overvalued in 2026?

Based on GuruFocus' analysis, Mohite Industries stock appears to be undervalued. The current stock price of ₹2.68 is trading 49.2% below its estimated GF Value™ of ₹5.28. GuruFocus considers Mohite Industries to be Possible Value Trap.

Key valuation signals for BOM:532140:

  • 9-Day RSI: 48.43
  • GF Value™: ₹5.28 vs. price of ₹2.68 (49.2% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 5.6% below the Manufacturing - Apparel & Accessories median (#488 of 1161)

No single metric tells the full story. See the BOM:532140 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mohite Industries Business Description

Address Parvati-Kunj, 250/B, Plot No. 1A, Nagala Park, Near Nagoba Mandir, Kolhapur, MH, IND, 416003
Mohite Industries Ltd is engaged in manufacturing cotton yarn. It operates in two segments, namely textile manufacturing and hydroelectric power generation. In textiles, the company produces and exports cotton yarns, including slub and compact cotton yarns, with a range of counts catering to various markets. It also manufactures gray knitted fabrics. In the hydroelectric segment, the company runs power projects that generates electricity. Mohite Industries generates revenue from the sale of its cotton yarns and knitted fabrics domestically and internationally, alongside income from hydroelectric power production. Its geographical focus is mainly in India, with export markets contributing to sales.
70GF Score

Get the complete analysis for BOM:532140

9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2.68
Price
₹5.28
GF Value