MOIL's production and sales jumps in November, 2022

With a production of 1.2 lakh tonnes of Manganese Ore in November, 2022, MOL has registered a significant growth of 60% during the month over October, 2022. On the sales front, MOIL has recorded a growth of 82% during the period over the previous month, in spite of challenging market conditions.

Smt. Usha Singh, Director (Human Resource) & CMD (Addl. Charge) attributed the improved performance of the company to great team effort exhibited by all concerned and reiterated that MOIL is geared up for much better performance in the remaining period of the financial year.

Shares of MOIL Limited was last trading in BSE at Rs. 161.45 as compared to the previous close of Rs. 161.20. The total number of shares traded during the day was 17912 in over 791 trades.

The stock hit an intraday high of Rs. 162.85 and intraday low of 161.00. The net turnover during the day was Rs. 2896145.00.

Source : Equity Bulls

Keywords

MOIL INE490G01020 Mining ManganeseOre November2022 Production