MOIL
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Recent events
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Moil March-Quarter Net Profit 1.16 Billion Rupees
April 30 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - DIVIDEND 1.61 RUPEES PER SHARE
MOIL LTD MARCH-QUARTER NET PROFIT 1.16 BILLION RUPEES
MOIL LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.33 BILLION RUPEES
Source text: ID:nBSE6rk8yZ
Further company coverage: MOIL.NS
(([email protected];))
April 30 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - DIVIDEND 1.61 RUPEES PER SHARE
MOIL LTD MARCH-QUARTER NET PROFIT 1.16 BILLION RUPEES
MOIL LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.33 BILLION RUPEES
Source text: ID:nBSE6rk8yZ
Further company coverage: MOIL.NS
(([email protected];))
Moil Ltd - Prices Of All Ferro Grades Of Manganese Ore Increased By 3% For Mn- 44%, Above
Moil Ltd MOIL.NS:
MOIL LTD - PRICES OF ALL FERRO GRADES OF MANGANESE ORE INCREASED BY 3% FOR MN- 44%, ABOVE
MOIL LTD - PRICES OF MANGANESE ORE WITH CONTENT BELOW MN-44% INCREASED BY 0.5%
Source text: ID:nBSE9BKtNP
Further company coverage: MOIL.NS
Moil Ltd MOIL.NS:
MOIL LTD - PRICES OF ALL FERRO GRADES OF MANGANESE ORE INCREASED BY 3% FOR MN- 44%, ABOVE
MOIL LTD - PRICES OF MANGANESE ORE WITH CONTENT BELOW MN-44% INCREASED BY 0.5%
Source text: ID:nBSE9BKtNP
Further company coverage: MOIL.NS
India's MOIL gains after hiking manganese ore prices
** Shares of manganese ore miner MOIL MOIL.NS rise 3% to 296 rupees
** Co said it hiked prices of all ferro grades of manganese ore by 10%; also hikes prices of other ferro grades of manganese ore and chemical grades
** Co reports exploratory core drilling of 11,455 meters in February, up 43% Y/Y
** Stock shed 12% so far this year vs a ~4% drop in Nifty Metal index .NIFTYMET
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of manganese ore miner MOIL MOIL.NS rise 3% to 296 rupees
** Co said it hiked prices of all ferro grades of manganese ore by 10%; also hikes prices of other ferro grades of manganese ore and chemical grades
** Co reports exploratory core drilling of 11,455 meters in February, up 43% Y/Y
** Stock shed 12% so far this year vs a ~4% drop in Nifty Metal index .NIFTYMET
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's MOIL climbs on Q3 profit rise
** Shares of manganese ore miner MOIL MOIL.NS gain as much as 3.4% to 311.3 rupees; set to snap three straight sessions of losses
** MOIL's Q3 net profit jumps ~18% y/y on higher prices for its finished products
** Rev from ops rises ~20% y/y, expenses surge ~23%
** Co also declared an interim dividend of 4.02 rupees apiece
** Stock last up 1.1%; it is down about 7% since Q2 results on October 25
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of manganese ore miner MOIL MOIL.NS gain as much as 3.4% to 311.3 rupees; set to snap three straight sessions of losses
** MOIL's Q3 net profit jumps ~18% y/y on higher prices for its finished products
** Rev from ops rises ~20% y/y, expenses surge ~23%
** Co also declared an interim dividend of 4.02 rupees apiece
** Stock last up 1.1%; it is down about 7% since Q2 results on October 25
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Moil Dec-Quarter Net Profit 636.8 Mln Rupees
Feb 11 (Reuters) - Moil Ltd MOIL.NS:
DEC-QUARTER NET PROFIT 636.8 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 3.67 BILLION RUPEES
DIVIDEND OF 4.02 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: MOIL.NS
(([email protected];;))
Feb 11 (Reuters) - Moil Ltd MOIL.NS:
DEC-QUARTER NET PROFIT 636.8 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 3.67 BILLION RUPEES
DIVIDEND OF 4.02 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: MOIL.NS
(([email protected];;))
India's MOIL climbs on January sales jump
** MOIL MOIL.NS gains as much as 3.1% to 319.75 rupees; last up 1.2%
** Manganese ore miner reports 17% y/y rise in January sales at 157,000 tonnes
** April-January sales climbs 5% y/y to 1.5 million tonnes
** Stock down ~5% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** MOIL MOIL.NS gains as much as 3.1% to 319.75 rupees; last up 1.2%
** Manganese ore miner reports 17% y/y rise in January sales at 157,000 tonnes
** April-January sales climbs 5% y/y to 1.5 million tonnes
** Stock down ~5% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's MOIL gains on Q3 sales jump
** Shares of MOIL MOIL.NS rise 3.6% to 350.5 rupees
** The manganese ore miner's Q3 sales grew 13% Y/Y to 388,000 tonnes
** Stock gained 7.2% in 2024 vs an 8.4% rise in Nifty Metal Index .NIFTYMET
(Reporting by Ashna Teresa Britto in Bengaluru)
** Shares of MOIL MOIL.NS rise 3.6% to 350.5 rupees
** The manganese ore miner's Q3 sales grew 13% Y/Y to 388,000 tonnes
** Stock gained 7.2% in 2024 vs an 8.4% rise in Nifty Metal Index .NIFTYMET
(Reporting by Ashna Teresa Britto in Bengaluru)
Moil Q3 Sales Of 388,000 Tonnes, Up 13% Y/Y
Jan 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - Q3 SALES OF 388,000 TONNES, UP 13% Y/Y
MOIL LTD - Q3 PRODUCTION OF MAGANESE ORE OF 460,000 TONNES
Source text: ID:nBSE6h8Qbk
Further company coverage: MOIL.NS
(([email protected];))
Jan 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - Q3 SALES OF 388,000 TONNES, UP 13% Y/Y
MOIL LTD - Q3 PRODUCTION OF MAGANESE ORE OF 460,000 TONNES
Source text: ID:nBSE6h8Qbk
Further company coverage: MOIL.NS
(([email protected];))
Indian manganese ore producer MOIL gains on raising prices
** Manganese ore producer MOIL MOIL.NS rises ~2% to 338.25 rupees
** Co hikes prices between 1% and 5% for different grades of manganese ore effective Jan. 1
** Stock gained 7.2% in 2024 vs rising 91.8% in 2023
(Reporting by Ananta Agarwal in Bengaluru)
** Manganese ore producer MOIL MOIL.NS rises ~2% to 338.25 rupees
** Co hikes prices between 1% and 5% for different grades of manganese ore effective Jan. 1
** Stock gained 7.2% in 2024 vs rising 91.8% in 2023
(Reporting by Ananta Agarwal in Bengaluru)
India's MOIL jumps on November sales surge
** Manganese ore miner MOIL MOIL.NS climbs 6.2% to 340.35 rupees; eyes best day in five months
** Co reports 32% y/y rise in November sales to 133,000 tonnes
** Stock set for busiest session since late-July, with trading volumes at 4x the 30-day avg
** MOIL up 10% YTD vs ~16% gains in Nifty metal index .NIFTYMET
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Manganese ore miner MOIL MOIL.NS climbs 6.2% to 340.35 rupees; eyes best day in five months
** Co reports 32% y/y rise in November sales to 133,000 tonnes
** Stock set for busiest session since late-July, with trading volumes at 4x the 30-day avg
** MOIL up 10% YTD vs ~16% gains in Nifty metal index .NIFTYMET
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
MOIL Records Production Of 163,000 Tonnes Of Manganese Ore In November, 2024
Dec 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL - RECORDED PRODUCTION OF 163,000 TONNES OF MANGANESE ORE IN NOVEMBER, 2024
MOIL - NOVEMBER MANGANESE ORE SALES UP 32% Y/Y
Source text: ID:nBSE485d8
Further company coverage: MOIL.NS
(([email protected];))
Dec 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL - RECORDED PRODUCTION OF 163,000 TONNES OF MANGANESE ORE IN NOVEMBER, 2024
MOIL - NOVEMBER MANGANESE ORE SALES UP 32% Y/Y
Source text: ID:nBSE485d8
Further company coverage: MOIL.NS
(([email protected];))
Moil Says Production Of 147,000 Tonnes Of Manganese Ore In Oct
Nov 7 (Reuters) - Moil Ltd MOIL.NS:
PRODUCTION OF 147,000 TONNES OF MANGANESE ORE IN OCT
OCT MANGANESE ORE PRODUCTION UP 32% Y/Y
Source text: ID:nBSEbl7b0C
Further company coverage: MOIL.NS
(([email protected];;))
Nov 7 (Reuters) - Moil Ltd MOIL.NS:
PRODUCTION OF 147,000 TONNES OF MANGANESE ORE IN OCT
OCT MANGANESE ORE PRODUCTION UP 32% Y/Y
Source text: ID:nBSEbl7b0C
Further company coverage: MOIL.NS
(([email protected];;))
MOIL Sept-Qtr Net Profit 499.6 Mln Rupees
Oct 25 (Reuters) - Moil Ltd MOIL.NS:
MOIL SEPT-QUARTER NET PROFIT 499.6 MILLION RUPEES
MOIL SEPT-QUARTER REVENUE FROM OPERATIONS 2.92 BILLION RUPEES
Source text for Eikon: ID:nBSE5gw2fd
Further company coverage: MOIL.NS
(([email protected];;))
Oct 25 (Reuters) - Moil Ltd MOIL.NS:
MOIL SEPT-QUARTER NET PROFIT 499.6 MILLION RUPEES
MOIL SEPT-QUARTER REVENUE FROM OPERATIONS 2.92 BILLION RUPEES
Source text for Eikon: ID:nBSE5gw2fd
Further company coverage: MOIL.NS
(([email protected];;))
Moil Executes Joint Venture Agreement Between Co And MPSMCL
Oct 18 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - EXECUTION OF JOINT VENTURE AGREEMENT BETWEEN MOIL AND MPSMCL
Source text for Eikon: ID:nBSE4dp70d
Further company coverage: MOIL.NS
(([email protected];;))
Oct 18 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - EXECUTION OF JOINT VENTURE AGREEMENT BETWEEN MOIL AND MPSMCL
Source text for Eikon: ID:nBSE4dp70d
Further company coverage: MOIL.NS
(([email protected];;))
India's MOIL rises on 7% production growth in April-Sept
** Shares of MOIL MOIL.NS rise 2.2% to 369.80 rupees
** Manganese ore miner says it registered 7% Y/Y production growth during April-Sept period
** Says production and sales in September were its best-ever for the month
** MOIL on track to snap four-session losing streak
** Busiest session for the stock in over a week; more than 1.8 mln shares change hands
** Stock up ~19% so far this year
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of MOIL MOIL.NS rise 2.2% to 369.80 rupees
** Manganese ore miner says it registered 7% Y/Y production growth during April-Sept period
** Says production and sales in September were its best-ever for the month
** MOIL on track to snap four-session losing streak
** Busiest session for the stock in over a week; more than 1.8 mln shares change hands
** Stock up ~19% so far this year
(Reporting by Dimpal Gulwani in Bengaluru)
Moil September Production At 1.46 Lakh Tonnes
Oct 7 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - SEPTEMBER PRODUCTION AT 1.46 LAKH TONNES
Source text for Eikon: ID:nBSE4GZ2z5
Further company coverage: MOIL.NS
(([email protected];))
Oct 7 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - SEPTEMBER PRODUCTION AT 1.46 LAKH TONNES
Source text for Eikon: ID:nBSE4GZ2z5
Further company coverage: MOIL.NS
(([email protected];))
India's MOIL eyes domestic JVs for manganese ore mining
NEW DELHI, Sept 18 (Reuters) - India's MOIL MOIL.NS is looking at joint ventures with the states of Gujarat and Madhya Pradesh to mine manganese ore, Chairman Ajit Kumar Saxena said at an event on Wednesday.
The miner is also eyeing critical minerals domestically and overseas, Saxena said.
(Reporting by Neha Arora and Manvi Pant; Editing by Savio D'Souza)
(([email protected]; +918447554364;))
NEW DELHI, Sept 18 (Reuters) - India's MOIL MOIL.NS is looking at joint ventures with the states of Gujarat and Madhya Pradesh to mine manganese ore, Chairman Ajit Kumar Saxena said at an event on Wednesday.
The miner is also eyeing critical minerals domestically and overseas, Saxena said.
(Reporting by Neha Arora and Manvi Pant; Editing by Savio D'Souza)
(([email protected]; +918447554364;))
India's MOIL rises as April-Aug manganese production up 7%
** Shares of MOIL Limited MOIL.NS up 2.5% to 398 rupees, its biggest intraday pct gain since Aug 23
** Manganese ore miner's April-August production grew 7% Y/Y
** Shares see busiest day in over a week, with more than 1.29 mln shares traded
** Stock up 28.7% YTD, continuing a 92% jump in 2023
(Reporting by Aleef Jahan in Bengaluru)
** Shares of MOIL Limited MOIL.NS up 2.5% to 398 rupees, its biggest intraday pct gain since Aug 23
** Manganese ore miner's April-August production grew 7% Y/Y
** Shares see busiest day in over a week, with more than 1.29 mln shares traded
** Stock up 28.7% YTD, continuing a 92% jump in 2023
(Reporting by Aleef Jahan in Bengaluru)
India's MOIL gains after aiming to double manganese ore production by 2030
** Shares of manganese ore producer MOIL MOIL.NS rise 3.35% to 414.35 rupees apiece
** Co says it aims to nearly double production of manganese ore to 35 lakh metric tonnes (MT) by FY30 from 17.56 lakh MT in FY23-24
** This is nearly one-third of total 11 million MT of manganese ore required to meet India's steel production target by 2030
** MOIL also aims to grow market share to 32% from 20% currently
** Stock set to snap three-week losing streak, up 1.6% this week so far - NSE data
** MOIL up 34% so far in 2024, outperforming rivals like Tata Steel TISC.NS and Sandur Manganese SUMG.NS, which are up 10.5% and 5%, respectively - NSE data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of manganese ore producer MOIL MOIL.NS rise 3.35% to 414.35 rupees apiece
** Co says it aims to nearly double production of manganese ore to 35 lakh metric tonnes (MT) by FY30 from 17.56 lakh MT in FY23-24
** This is nearly one-third of total 11 million MT of manganese ore required to meet India's steel production target by 2030
** MOIL also aims to grow market share to 32% from 20% currently
** Stock set to snap three-week losing streak, up 1.6% this week so far - NSE data
** MOIL up 34% so far in 2024, outperforming rivals like Tata Steel TISC.NS and Sandur Manganese SUMG.NS, which are up 10.5% and 5%, respectively - NSE data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Moil June-Quarter Net Profit 1.52 Billion Rupees
July 30 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD JUNE-QUARTER NET PROFIT 1.52 BILLION RUPEES
MOIL LTD JUNE-QUARTER REVENUE FROM OPERATIONS 4.93 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: MOIL.NS
(([email protected];))
July 30 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD JUNE-QUARTER NET PROFIT 1.52 BILLION RUPEES
MOIL LTD JUNE-QUARTER REVENUE FROM OPERATIONS 4.93 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: MOIL.NS
(([email protected];))
Indian manganese ore producer MOIL jumps on record qtrly sales, output
** Indian manganese ore producer MOIL MOIL.NS up 7% at 525.80 rupees; sees best intra-day pct gain since May 17, 2024
** Co on Tuesday said it saw record qtrly sales, production since inception
** Stk up 72% YTD vs 24% gain in metals index .NIFTYMET
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Indian manganese ore producer MOIL MOIL.NS up 7% at 525.80 rupees; sees best intra-day pct gain since May 17, 2024
** Co on Tuesday said it saw record qtrly sales, production since inception
** Stk up 72% YTD vs 24% gain in metals index .NIFTYMET
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Moil Sales In April-June Up 14.5% Y-O-Y
July 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - SALES IN APRIL-JUNE UP 14.5% Y-O-Y
MOIL LTD - QUARTERLY PRODUCTION DURING APRIL-JUNE UP 7.8% Y-O-Y
Source text for Eikon: ID:nBSE5DZ2Jc
Further company coverage: MOIL.NS
(([email protected];))
July 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - SALES IN APRIL-JUNE UP 14.5% Y-O-Y
MOIL LTD - QUARTERLY PRODUCTION DURING APRIL-JUNE UP 7.8% Y-O-Y
Source text for Eikon: ID:nBSE5DZ2Jc
Further company coverage: MOIL.NS
(([email protected];))
Moil May Sales Up 41% Y-O-Y
June 3 (Reuters) - Moil Ltd MOIL.NS:
MOIL MAY SALES UP 41% Y-O-Y
Source text for Eikon: [ID:]
Further company coverage: MOIL.NS
(([email protected];))
June 3 (Reuters) - Moil Ltd MOIL.NS:
MOIL MAY SALES UP 41% Y-O-Y
Source text for Eikon: [ID:]
Further company coverage: MOIL.NS
(([email protected];))
Moil March-Quarter Net Profit Rises
May 15 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - DIVIDEND 2.55 RUPEES PER SHARE
INDIA'S MOIL- MARCH-QUARTER NET PROFIT 911.5 MILLION RUPEES VERSUS 809.5 MILLION RUPEES
MOIL - MARCH-QUARTER REVENUE FROM OPERATIONS 4.16 BILLION RUPEES VERSUS 4.28 BILLION RUPEES
Source text for Eikon: ID:nBSE64rnvQ
Further company coverage: MOIL.NS
(([email protected];))
May 15 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - DIVIDEND 2.55 RUPEES PER SHARE
INDIA'S MOIL- MARCH-QUARTER NET PROFIT 911.5 MILLION RUPEES VERSUS 809.5 MILLION RUPEES
MOIL - MARCH-QUARTER REVENUE FROM OPERATIONS 4.16 BILLION RUPEES VERSUS 4.28 BILLION RUPEES
Source text for Eikon: ID:nBSE64rnvQ
Further company coverage: MOIL.NS
(([email protected];))
India's MOIL hits record high after raising manganese ore prices
** Manganese ore miner MOIL's MOIL.NS shares up as much 9.3% at a record high of 444 rupees; last up 7.2%
** Company on Tuesday said prices of ore with manganese content below 44% will be increased by 25%, effective May 1
** Adds, prices of ore with manganese content of 44% and above, will be increased by 40%, effective May 1
** Stock has been trading above its 200-day moving avg since last June
** More than 6.3 mln shares change hands by 10:02 a.m. IST, 1.5x the 30-day avg
** Including session's gain, stock is up 40% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Manganese ore miner MOIL's MOIL.NS shares up as much 9.3% at a record high of 444 rupees; last up 7.2%
** Company on Tuesday said prices of ore with manganese content below 44% will be increased by 25%, effective May 1
** Adds, prices of ore with manganese content of 44% and above, will be increased by 40%, effective May 1
** Stock has been trading above its 200-day moving avg since last June
** More than 6.3 mln shares change hands by 10:02 a.m. IST, 1.5x the 30-day avg
** Including session's gain, stock is up 40% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
MOIL Says Prices Of All Ferro Grades Of Manganese Ore With Manganese Content Of Mn-44%, Above Increased By 40% On Prevailing Prices For May
April 30 (Reuters) - Moil Ltd MOIL.NS:
PRICES OF ALL FERRO GRADES OF MANGANESE ORE WITH MANGANESE CONTENT OF MN-44%, ABOVE INCREASED BY 40% ON PREVAILING PRICES FOR MAY
PRICES OF ALL OTHER FERRO GRADES OF MANGANESE ORE WITH MANGANESE CONTENT BELOW MN -44% INCREASED BY 25% ON PREVAILING PRICES FOR MAY
PRICES OF ALL SMGR (MN-30% & MN-25%), FINES, CHEMICAL GRADES INCREASED BY 25% ON PREVAILING PRICES FOR MONTH OF MAY
Source text for Eikon: ID:nBSEW9q1G
Further company coverage: MOIL.NS
(([email protected];))
April 30 (Reuters) - Moil Ltd MOIL.NS:
PRICES OF ALL FERRO GRADES OF MANGANESE ORE WITH MANGANESE CONTENT OF MN-44%, ABOVE INCREASED BY 40% ON PREVAILING PRICES FOR MAY
PRICES OF ALL OTHER FERRO GRADES OF MANGANESE ORE WITH MANGANESE CONTENT BELOW MN -44% INCREASED BY 25% ON PREVAILING PRICES FOR MAY
PRICES OF ALL SMGR (MN-30% & MN-25%), FINES, CHEMICAL GRADES INCREASED BY 25% ON PREVAILING PRICES FOR MONTH OF MAY
Source text for Eikon: ID:nBSEW9q1G
Further company coverage: MOIL.NS
(([email protected];))
India's MOIL rises after record sales, production in FY24
** State-run manganese ore miner MOIL's MOIL.NS shares up as much as 6% to 323.15 rupees
** Company says production, sales in FY24 were its highest-ever, up 35% and 30% y-o-y, respectively
** More than 3.4 mln shares change hands in early trade, already making Wednesday's session its second-busiest so far this month - LSEG
** MOIL has been trading above its 200-day moving average since June last year
** Stock up ~4% YTD vs Nifty Metal index's .NIFTYMET 9.4% rise
(Reporting by Rama Venkat in Bengaluru)
** State-run manganese ore miner MOIL's MOIL.NS shares up as much as 6% to 323.15 rupees
** Company says production, sales in FY24 were its highest-ever, up 35% and 30% y-o-y, respectively
** More than 3.4 mln shares change hands in early trade, already making Wednesday's session its second-busiest so far this month - LSEG
** MOIL has been trading above its 200-day moving average since June last year
** Stock up ~4% YTD vs Nifty Metal index's .NIFTYMET 9.4% rise
(Reporting by Rama Venkat in Bengaluru)
Moil FY Production Up 35%
April 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - FY PRODUCTION SURGES BY 35%
MOIL LTD - FY 24 SALES GROWTH OF 30% Y-O-Y
Source text for Eikon: ID:nBSE7D3QD7
Further company coverage: MOIL.NS
(([email protected];))
April 2 (Reuters) - Moil Ltd MOIL.NS:
MOIL LTD - FY PRODUCTION SURGES BY 35%
MOIL LTD - FY 24 SALES GROWTH OF 30% Y-O-Y
Source text for Eikon: ID:nBSE7D3QD7
Further company coverage: MOIL.NS
(([email protected];))
India's MOIL rises on increasing manganese ore prices
** Manganese ore miner MOIL's MOIL.NS shares up 5.3% to 293.25 rupees
** Company on Sunday said prices of ore with manganese content below 44% will be increased by 3%, effective April 1
** Stock has been trading above its 200-day moving avg since last June
** MOIL ended its three-quarter streak of gains in March
** Including session's move, stock down 5% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330))
** Manganese ore miner MOIL's MOIL.NS shares up 5.3% to 293.25 rupees
** Company on Sunday said prices of ore with manganese content below 44% will be increased by 3%, effective April 1
** Stock has been trading above its 200-day moving avg since last June
** MOIL ended its three-quarter streak of gains in March
** Including session's move, stock down 5% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330))
India's MOIL rises after 15% YoY growth in February production
** Shares of manganese ore producer MOIL MOIL.NS up 4.8% at 294.6 rupees
** MOIL reports 15% YoY rise in manganese ore production for month of February
** Says production upto Feb 2024 registers 37% growth YoY, surpassing best-ever production of any fiscal year since inception
** Stock on track for a fourth consecutive session of gain if trend holds
** Including session gains, MOIL is down 4.6% YTD vs a 91.9% rise in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of manganese ore producer MOIL MOIL.NS up 4.8% at 294.6 rupees
** MOIL reports 15% YoY rise in manganese ore production for month of February
** Says production upto Feb 2024 registers 37% growth YoY, surpassing best-ever production of any fiscal year since inception
** Stock on track for a fourth consecutive session of gain if trend holds
** Including session gains, MOIL is down 4.6% YTD vs a 91.9% rise in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
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What does MOIL do?
MOIL Limited, a government-owned company, produces and sells various grades of Manganese Ore for Ferro manganese, Silico manganese, hot metal, Dioxide production, and supports non-conventional energy through wind farms.
Who are the competitors of MOIL?
MOIL major competitors are Indian Metal & Ferro, Maithan Alloys, Visa Steel, Shyam Century, Indsil Hydro Power, Facor Alloys. Market Cap of MOIL is ₹7,881 Crs. While the median market cap of its peers are ₹258 Crs.
Is MOIL financially stable compared to its competitors?
MOIL seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does MOIL pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. MOIL latest dividend payout ratio is 41.97% and 3yr average dividend payout ratio is 34.77%
How has MOIL allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Accounts Receivable
How strong is MOIL balance sheet?
Balance sheet of MOIL is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of MOIL improving?
Yes, profit is increasing. The profit of MOIL is ₹382 Crs for TTM, ₹293 Crs for Mar 2024 and ₹251 Crs for Mar 2023.
Is the debt of MOIL increasing or decreasing?
Yes, The net debt of MOIL is increasing. Latest net debt of MOIL is -₹1,580.21 Crs as of Mar-24. This is greater than Mar-23 when it was -₹1,625 Crs.
Is MOIL stock expensive?
Yes, MOIL is expensive. Latest PE of MOIL is 20.65, while 3 year average PE is 19.55. Also latest EV/EBITDA of MOIL is 11.76 while 3yr average is 8.83.
Has the share price of MOIL grown faster than its competition?
MOIL has given better returns compared to its competitors. MOIL has grown at ~13.92% over the last 9yrs while peers have grown at a median rate of 13.0%
Is the promoter bullish about MOIL?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in MOIL is 64.68% and last quarter promoter holding is 64.68%.
Are mutual funds buying/selling MOIL?
The mutual fund holding of MOIL is decreasing. The current mutual fund holding in MOIL is 2.67% while previous quarter holding is 2.98%.