MOIL trades higher on the BSE
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MOIL is currently trading at Rs. 293.35, up by 15.10 points or 5.43% from its previous closing of Rs. 278.25 on the BSE.
The scrip opened at Rs. 281.75 and has touched a high and low of Rs. 296.30 and Rs. 281.75 respectively. So far 48721 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.15 on 02-Feb-2024 and a 52 week low of Rs. 141.00 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 296.30 and Rs. 276.20 respectively. The current market cap of the company is Rs. 5975.34 crore.
The promoters holding in the company stood at 64.68%, while Institutions and Non-Institutions held 16.01% and 19.30% respectively.
MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from April 01, 2024. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been increased by 6% on the prevailing prices since March 01, 2024 with effective from midnight of March 31, 2024/April 01, 2024 for the month of April 2024.
The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44% have been increased by 3% on the prevailing prices since March 01, 2024 with effective from midnight of March 31, 2024/April 01, 2024 for the month of April 2024.
The prices of all SMGR (Mn-30% & Mn-25%), Fines and Chemical grades have been increased by 3% on the prevailing prices since March 01, 2024 with effective from midnight of March 31, 2024/April 01, 2024 for the month of April 2024. The basic price of EMD has been increased by Rs 2000 PMT from Rs 205000 PMT to Rs 207000 PMT for the month of April 2024.
MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).
