MOIL Ltd Share Price (MOIL)

MOIL Reports Best Annual Production and Sales Numbers in FY24 - 08 Apr, 2024

MOIL Ltd has reported its best annual production and sales numbers in FY24. Recent price hikes are expected to reflect in March quarter earnings, while global supply tightness is predicted to keep manganese prices high. However, the stock has given subpar returns over the last 14 years, and topline growth has been rangebound for the last four years.

MOIL Ltd Share Price Soars 113% in a Year - 05 Apr, 2024

The share price of MOIL Limited has increased by 113% over the past year, with a 13% increase in the last week. Despite a decrease in EPS, the company's year-on-year revenue growth of 5.8% is promising. The total shareholder return (TSR) for the last year is 116%, exceeding its share price return.

MOIL Reports Record Production and Sales Figures for FY24 - 03 Apr, 2024

State-owned manganese ore mining company MOIL has reported its highest-ever production and sales figures in FY24, with production rising 35% YoY to 17.56 lakh metric tonne and sales growing 30% YoY to hit a record high of 15.36 lakh tonne. Shares surged by 11.78% in the last five days.

MOIL Increases Prices of Manganese Ore Grades - 01 Apr, 2024

MOIL has increased prices of various grades of manganese ore, including a 6% hike for grades above Mn-44% and a 3% increase for other grades. The company also raised the prices of silico manganese grades, fines, chemical grades, and EMD.

MOIL CMD Receives Prestigious Leadership Award - 28 Mar, 2024

Shri Ajit Kumar Saxena, CMD MOIL & Addl. Charge CMD MECON, has been awarded the prestigious CMD Leadership Award at the Governance NOW 10th PSU Awards in New Delhi for his exceptional contributions to the steel industry.

MOIL's ROCE Declines, Long-Term Performance at Risk - 18 Mar, 2024

MOIL Ltd's return on capital employed (ROCE) has been declining from 18% to 13%, indicating lower earnings per dollar invested and stagnant growth. This trend may impact the company's long-term performance.