MOIL is currently trading at Rs. 175.55, up by 1.90 points or 1.09% from its previous closing of Rs. 173.65 on the BSE.
The scrip opened at Rs. 176.05 and has touched a high and low of Rs. 178.00 and Rs. 174.65 respectively. So far 7720 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 285.50 on 24-Oct-2017 and a 52 week low of Rs. 158.50 on 17-Jul-2017.
Last one week high and low of the scrip stood at Rs. 179.00 and Rs. 171.00 respectively. The current market cap of the company is Rs. 4522.32 crore.
The promoters holding in the company stood at 65.69%, while Institutions and Non-Institutions held 17.40% and 16.91% respectively.
MOIL has fixed/revised prices of different grades of Manganese Ore and other products for the second Quarter of 2018-19 (July-September 2018) with effect from July 01, 2018. The prices of Ferro Grade, SMGR (Mn30% & Mn25%), Chemical Grade and Fines have been increased by about 5% on the existing prices prevailing since June 01, 2018. Further, a discount at the rate of 5% will be offered on the prices effective from July 01, 2018 on specific grade of material BGF534 for dispatches during July 2018.
The basic price of Electrolytic Manganese Dioxide (EMD), has been increased by Rs 200 PMT on the existing price prevailing since April 01, 2018. Further, Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold on e-auction basis as well as through Metal Mandi (M3) of MSTC.
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).
