MOIL records best ever January production

With a production of 1.26 lakh tonnes of Manganese (Mn) Ore in January, 2023, MOIL has recorded best ever January production since inception, which is 7.7% higher than the same period last year.

Sales at 1.32 lakh tonnes of Mn ore during January, 2023 was higher by 31% vis-à-vis January, 2022.

Shri Ajit Kumar Saxena, CMD MOIL, stated that MOIL's performance has been showing upward trend in last few months and the company is geared up for improved performance in FY'23.

Shares of MOIL Limited was last trading in BSE at Rs. 159.20 as compared to the previous close of Rs. 160.60. The total number of shares traded during the day was 13662 in over 628 trades.

The stock hit an intraday high of Rs. 161.95 and intraday low of 156.20. The net turnover during the day was Rs. 2162827.00.

Source : Equity Bulls

Keywords

MOIL INE490G01020 Mining ManganeseOre Production January2023