MOIL is currently trading at Rs. 194.30, up by 1.05 points or 0.54% from its previous closing of Rs. 193.25 on the BSE.
The scrip opened at Rs. 195.00 and has touched a high and low of Rs. 196.50 and Rs. 193.50 respectively. So far 50128 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 208.00 on 22-Jun-2021 and a 52 week low of Rs. 119.00 on 14-Nov-2020.
Last one week high and low of the scrip stood at Rs. 208.00 and Rs. 180.70 respectively. The current market cap of the company is Rs. 4611.28 crore.
The promoters holding in the company stood at 64.35%, while Institutions and Non-Institutions held 18.54% and 17.11% respectively.
MOIL has signed a pact with the Madhya Pradesh government and the Madhya Pradesh State Mining Corporation (MPSMCL) to explore the options of manganese ore mining in four districts of the state. The four districts of Madhya Pradesh are Balaghat, Jabalpur, Jhabua, and Chhindwara. MOIL has carried out detailed remote sensing studies with the help of the National Remote Sensing Centre (NRSC) ISRO, Hyderabad, in order to identify the manganese-bearing areas.
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).