MOIL records best-ever production in Q3FY26, stock gains 5%; details inside

The rise in the company's share price followed its announcement that it had achieved its best-ever production performance in FY 2025-26 (Apr-Dec)

MOIL share price: Shares of manganese ore producer MOIL were ruling higher on the bourses on Tuesday after the company announced that it has achieved its best-ever production figures for both the third quarter and the first nine months of the financial year FY 2025-26 (Apr-Dec).

 

Following the announcement, the company’s shares climbed as much as 4.70 per cent to ₹384.8 per share on the NSE during intraday trade on Tuesday, January 6. However, despite the sharp uptick, the stock remains nearly 5 per cent below its 52-week high of ₹405.6 per share, which it touched on last year on June 10 on the NSE. 

 

Although the stock pared some of its gains later in the session, buying interest persisted. At 09:39 AM, the MOIL shares were trading at ₹374.25 per share on the NSE, up 1.84 per cent from the previous close of ₹367.50. The benchmark NSE Nifty50 was trading at 26,213, down 37 points or 0.14 per cent.  FOLLOW LATEST STOCK MARKET UPDATES LIVE 

A combined total of nearly 1.2 million equity shares of MOIL, estimated to be worth about ₹47 crore, had changed hands on the NSE and BSE so far during the day. The company’s market capitalization stood at ₹7,620.52 crore.

MOIL announces business update

The northward movement in the company’s share price followed its announcement that it had achieved its best-ever production performance in FY 2025-26 (Apr-Dec), with record figures for both the third quarter and the first nine months of the financial year.

 

According to the exchange filing submitted by the company, during Q3 of FY 2025-26, MOIL achieved a record manganese ore production of 4.77 lakh tonnes, registering a growth of about 3.7 per cent over the corresponding period last year (CPLY). This, MOIL said, is the highest-ever production achieved by the company in any third quarter since its inception.  ALSO READ | Tata Motors PV shares drops 4% as JLR Q3 sales dip on cyber incident 

"Further strengthening this growth momentum, MOIL has also recorded its best-ever nine-month production of 14.21 lakh tonnes, which is higher by about 6.8 per cent compared to CPLY. The sustained improvement in production performance is a result of focused mine planning, operational discipline, enhanced mechanization, and the dedicated efforts of MOIL’s workforce across all operating units," said MOIL in its regulatory filing.