MOIL is currently trading at Rs. 386.75, up by 8.20 points or 2.17% from its previous closing of Rs. 378.55 on the BSE.
The scrip opened at Rs. 380.00 and has touched a high and low of Rs. 388.00 and Rs. 379.15 respectively. So far 22755 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 429.00 on 12-Jan-2017 and a 52 week low of Rs. 239.25 on 29-Sep-2016.
Last one week high and low of the scrip stood at Rs. 388.00 and Rs. 357.10 respectively. The current market cap of the company is Rs. 5144.38 crore.
The promoters holding in the company stood at 65.58%, while institutions and non-institutions held 19.15% and 15.27% respectively.
MOIL has planned to enhance its production from present level of around 1.10 million tonnes (MT) to 2 MT by 2021, 2.50 MT by 2025 and 3 MT by 2030 in order to cater to the steel industry’s growing appetite for manganese ore. In this regard, a strategic management plan has already been prepared.
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 |
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