MOIL registers its best ever April production -Production up by 22%, Sales grows by 17% y-o-y

Continuing its spectacular performance of FY'24, MOIL has registered its best ever April production since inception at 1.60 lakh tonnes in April, 2024, registering a significant growth of 22% over April, 2023.

On the sales front, the company has achieved its best ever April sales of 1.15 lakh tonnes in April, 2024, registering a growth of 17% in comparison to April'2023.

Shri Ajit Kumar Saxena, CMD MOIL, mentioned that it was heartening to see MOIL team continuing the stellar performance rhythm and expressed confidence that the company will continue to excel in the coming times.

Shares of MOIL Limited was last trading in BSE at Rs. 446.30 as compared to the previous close of Rs. 441.30. The total number of shares traded during the day was 376331 in over 6416 trades.

The stock hit an intraday high of Rs. 463.40 and intraday low of 441.50. The net turnover during the day was Rs. 169262699.00.

Source : Equity Bulls

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MOIL INE490G01020 Mining FY24 PerformanceUpdate