MOIL, country’s top manganese ore producer, has increased prices of various grades of manganese ore for October-December quarter effective from October 01, 2016. The price have been increased by 25% on all Ferro Grades of ore, while prices have been increased by 20% on all grades of SMGR (Mn 30%) and SMGR Low (Mn 25%) on the prevailing prices.
Besides, the prices have been increased by 20% on all grades of Fines and by 25% of all chemical grades ore on the prevailing prices. However, the existing price of Electrolytic Manganese Dioxide (EMD) has remained unchanged.
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).
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: