MOIL raises price of manganese ore - Angel Broking

MOIL in its filings to the stock exchanges has stated that for April-June quarter it has raised the price of SM Grades 25% Manganese ore by 10.0% over the prices of January-March 2014 while it has kept the price of all other grades of ore constant. We do not see any significant impact of this price revision on MOIL' financials and hence We maintain our Neutral view on the stock.

Source : Equity Bulls

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