Page 2 - Moil

Q4 FY24 results: RVNL, MOIL, Biocon among 84 firms to post earnings today

Q4 FY24 company results: Dixon Technologies, Jindal Stainless, Power Finance Corporation, Thomas Cook will also release their financial results

MOIL, TechM: Top buy & sell ideas from Vinay Rajani of HDFC Securities

Nifty formed a bullish candle on May 14, but did not close at its intraday high. It can now rise towards the 22302-22348 band while 22131 could offer support in the near term

BHEL, ONGC, NTPC, SAIL rally up to 9% on May 03. What's behind the rise?

At 10:08 am; the CPSE index, the top gainer among broader indices, was up 1.4 per cent, as compared to 0.16 per cent rise in the S&P BSE Sensex

Stocks to Watch, April 3: ZEEL, Anupam Rasayan, DroneAcharya, Olectra, Moil

Stocks to watch on Wednesday, April 3, 2024: ZEE's Managing Director and Chief Executive Officer, Punit Goenka, will take a 20-per cent cut in his personal remuneration

MOIL soars 12% on reporting 15% YoY jump in manganese ore output for Feb

For April-February, the production of Mn ore has been 15.84 lakh tonnes, which also marks the highest ever output in a financial year, it said

MOIL Q3 results: Net profit grows 37% to Rs 54 cr, income at Rs 329 cr

State-owned MOIL on Saturday reported a 37 per cent rise in net profit to Rs 54.10 crore for the December quarter, supported by lower expenses. It had posted a net profit of Rs 39.51 crore in the year-ago period, the company said in an exchange filing. The company's total income rose to Rs 329.72 crore from Rs 322.86 crore in the year-ago period. Its expenses were at Rs 253.37 crore, lower than Rs 276.75 crore reported in the third quarter last fiscal. In a separate statement, the company said its board also also approved an interim dividend of Rs 3.50 per share for the FY24. The company achieved production of 12.73 lakh tonnes of manganese ore, registering a growth of 41 per cent year-on-year. MOIL, under the Ministry of Steel, meets about 46 per cent of the total requirement of dioxide ore in the country. At present, the average annual production of manganese ore is around 1.3 million tonne.

Bank Nifty to see bullish moves above 48,400; MOIL, KPIL top buy calls

Bank Nifty ended the previous session with "Doji" candlestick pattern on the daily chart, which indicates indecision amongst the traders, as per Vinay Rajani

Stocks to Watch today, Jan 3: Adani, PNB, YES Bank, MOIL, Shyam Metalics

Stocks to Watch on Wednesday, January 3, 2024: The Supreme Court is expected to announce its verdict in the Adani-Hindenburg case later on Wednesday

MOIL manganese ore production grows 43% to 108,800 tonne in Apr-Nov

State-owned MOIL on Monday posted 43 per cent rise in manganese ore production at 10.88 lakh tonne (LT) during April-November 2023. It had produced 7.58 LT manganese ore during the year-ago period, MOIL said in a statement. Last month, the production was 1.62 LT, registering 35 per cent year-on-year growth over 1.20 LT in November 2022. The cumulative sale was 9.45 LT, up 52 per cent from 6.23 LT in the first eight months of the previous fiscal. In November 2023, the company reported sales of 1.01 LT as against 0.86 LT in the same month last year. During April-November 2023, the company conducted an exploratory core drilling of 49,389 metres, 2.6 times higher than 18,899 metres in the same period last year. MOIL, under Ministry of Steel, meets about 46 per cent of the total requirement of dioxide ore in the country. At present, the average annual production of manganese ore is around 1.3 million tonne.

MOIL soars 12%, hits over 10-yr high after Quant MF buys 1.1 million shares

On October 11, Quant MF Gilt Fund has purchased 1.1 million equity shares, representing 0.54 per cent of total equity of MOIL, via block deal on the NSE, the exchange data shows

MOIL's manganese ore output grows 45% in April-September; sales up 48%

State-owned maganese ore producer MOIL on Friday said it has recorded a 45 per cent rise in its production at 8.15 lakh tonnes (LT) during April-September 2023. It had produced 5.63 LT manganese ore during the corresponding six-month period of the previous year, the miner said in a statement. The production in September 2023 rose 48 per cent to 1.35 LT from 0.91 LT in the same month last year. The company's sales in April-September 2023 also rose to 7.57 LT, registering a year-on-year growth of 54 per cent over 4.89 LT sales recorded in the same period of 2022. Sales in September 2023 stood at 1.56 LT, up 60 per cent from 0.97 LT in September 2022. The production of electrolytic manganese dioxide (EMD) during April-September 2023 rose 26.28 per cent to 692 tonnes over 548 tonnes in April-September 2022. "The exploratory core drilling increased over three times to 34,684 metres from 11,514.90 metres in April-September 2022," the company said. MOIL, under the Ministry of Steel, fu

Manganese major MOIL sees record quarterly production in April-June 2023

The month of June saw record production of 150,000 MT, the best-ever production of any June month since its inception

MOIL reports production of 402,000 tonnes of manganese ore in Q4FY22

The company plans to increase production by double-digits, signifying growth for the mining sector and the country's overall mineral resource development

MOIL's output grows 6% to 1.3 MT in FY23, 14% higher capex utilised

State-owned MOIL has registered a 6 per cent rise in its manganese ore production to 13.02 lakh tonnes (LT) in 2022-23. The company also utilised 14 per cent higher capital expenditure in the financial year that ended March 31 over 2021-22, the Ministry of Steel said in a statement. MOIL Ltd recorded its second-highest production since inception, registering a 6 per cent growth to 13.02 lakh tonnes in FY23 over the previous year. During FY23, MOIL carried out its best-ever exploratory core drilling of 41,762 metres which is 2.7 times of the average exploration achieved in the last 5 years. MOIL, under the Ministry of Steel, is the largest producer of manganese ore in the country, contributing 45 per cent of the domestic production. It operates 11 mines in Maharashtra and Madhya Pradesh.

Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES

Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year

MOIL registers growth of 60% during month over Oct: Steel ministry

State-owned miner MOIL produced 1.2 lakh tonne of manganese ore last month, registering a growth of 60 per cent over October. The state-owned firm is braced for much better performance in the remaining period of the ongoing fiscal year, the steel ministry said in a statement. "On the sales front, MOIL has recorded a growth of 82 per cent during the period over the previous month, in spite of challenging market conditions," it said. MOIL, under the steel ministry, is the largest producer of manganese ore in the country and operates 11 mines in Maharashtra and Madhya Pradesh. The PSU holds about 34 per cent of the manganese ore reserves of the country. The company has an ambitious vision of almost doubling its production to 3 million tonne by 2030. MOIL is also exploring business opportunities in Gujarat, Rajasthan and Odisha besides other areas in Madhya Pradesh.

SpiceJet, MOIL: 5 buzzing stocks that may gain up to 19% in short-term

Among the most buzzing stocks, Spicejet surged 18 per cent. MOIL soared close to 9 per cent, while eClerx Services, Brigade Enterprises and Rossari Biotech were trading with 5-6 per cent gains

SL President dials Putin; explores options for buying oil, bolstering ties

During their conversation, Rajapaksa also urged Putin to restart the services of the Russian flag carrier Aeroflot to the country.

State-run firms asked to buy back even when shares take a beating

Centre's move aimed at improving PSUs' stock performance

Manganese ore miner MOIL's FY22 turnover grows 22% to Rs 1,436 crore

Its total sales increased by 6 per cent to 12.12 LT, from 11.43 LT in 2020-21