MOIL India jumps after reporting record rise in production in December 2023
MOIL India on Tuesday said that it had achieved its best-ever monthly production of Manganese (Mn) ore and registered a production of 1.85 lakh MT in December, 2023, a 31 per cent jump Year-on-Year (YoY).
MOIL India Share Price: MOIL India shares were off to a good start on BSE on Wednesday (January 3, 2024) after the manganese ore company reported a record monthly production in December 2023.
The stock of the miniratna was up by 1.76 per cent, or Rs 5.55, at Rs 321.55, at 11:08 am Wednesday.
The stock's day's high is 328.40, which is close to its 52-week high of Rs 329.80.
MOIL India reports record production
MOIL India on Tuesday said that it had achieved its best-ever monthly production of Manganese (Mn) ore and registered production of 1.85 lakh MT in December, 2023, a 31 per cent jump Year-on-Year (YoY).
The company also said that its in the current financial year up to December, 2023, it has registered a growth of 41 per cent YoY, with production of 12.73 lakh MT of manganese ore.
It has recorded an impressive growth of 40 per cent in its sales during the first nine months of FY24 with selling 11.01 lakh MT of manganese ore, the company said in a statement.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
11:23 AM IST