MOIL updates on price revision of Manganese Ore from April 1, 2023

In line with the business practice of fixing/revising prices of Manganese Ore and other products, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.04.2023 as under.

1. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been decreased by 8% on the prevailing prices since 01.03.2023 w.e.f. midnight of 31.03.2023 / 01.04.2023.

2. The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44%, SMGR (Mn-30% & Mn-25%), Fines and Chemical grades have been decreasedby 8% on the prevailing prices since 01.03.2023 w.e.f. midnight of 31.03.2023/ 01.04.2023.

3. The basic price of EMD have been increased for the month of April, 2023 from Rs.2,00,000 PMT to Rs.205000 PMT w.e.f. midnight of 31.03.2023/ 01.04.2023.

Shares of MOIL Limited was last trading in BSE at Rs. 142.50 as compared to the previous close of Rs. 141.20. The total number of shares traded during the day was 9902 in over 337 trades.

The stock hit an intraday high of Rs. 144.45 and intraday low of 141.00. The net turnover during the day was Rs. 1420624.00.

Source : Equity Bulls

Keywords

MOIL INE490G01020 Mining ManganeseOre PriceRevision