Latest news with #Moil
Business Upturn
02-07-2025
- Business
- Business Upturn
MOIL shares gain over 2% today after price hike announcement across Ferro and Chemical grades
By Aditya Bhagchandani Published on July 2, 2025, 09:19 IST Shares of Moil Limited rose over 2% in Tuesday's early trade session after the company announced a price increase for its Ferro and Chemical grades of manganese ore. The company raised prices by 2% with effect from July 1, 2025, over the previous prices applicable from June 1, 2025. Following the announcement, Moil shares climbed to Rs 392.75, marking a gain of 2.08% or Rs 8 from the previous close of Rs 384.75 on the NSE. The stock traded within a day range of Rs 388 to Rs 394.60. Moil currently commands a market capitalization of Rs 7,997 crore and has witnessed an average trading volume of 9.33 lakh shares. The company is trading at a Price-to-Earnings (P/E) ratio of 20.95. Moil Limited, a leading manganese ore producer in India, frequently revises its ore prices based on market demand and prevailing rates. The company's manganese ore products cater primarily to the steel, battery, and chemical industries. Moil shares have been on an uptrend recently, supported by improved demand and better realization across key product categories. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Mint
27-06-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 27 June 2025
Breakout stocks buy or sell: The Indian stock market extended its gains for the third consecutive session on Thursday, June 26. The Nifty 50 climbed 304 points, or 1.21 per cent, to settle at a nine-month high of 25,549. Meanwhile, the Sensex advanced by 1,003 points, also up 1.21 per cent, closing at 83,759 — a level last witnessed in October 2024. With this rally, both benchmarks are now just 2.3 per cent short of their September highs. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned positive as the Nifty 50 index has broken above the hurdle placed at 25,250 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is now heading for 25,800 in the near-term. On the lower side, 25,250 to 25,200 is expected to work as immediate support for the 50-stock index. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Moil, Nitin Spinners, Heranba Industries, Rallis India, and Usha Martin. 1] Moil: Buy at ₹ 387.20, target ₹ 415, stop loss ₹ 373; 2] Nitin Spinners: Buy at ₹ 398, target ₹ 426, stop loss ₹ 384; 3] Heranba Industries: Buy at ₹ 308.10, target ₹ 333, stop loss ₹ 295; 4] Rallis India: Buy at ₹ 328.35, target ₹ 352, stop loss ₹ 316; 5] Usha Martin: Buy at ₹ 345.80, target ₹ 375, stop loss ₹ 333. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
02-05-2025
- Business
- Business Standard
Moil surges after Q4 PAT climbs 27% YoY to Rs 116 cr
Moil soared 11.26% to Rs 353.30 after the company's standalone net profit jumped 26.89% to Rs 115.65 crore in Q4 FY25 as compared with Rs 91.14 crore in Q4 FY24. Revenue from operations rose 4.21% to Rs 433.39 crore in Q4 FY25 as against Rs 415.87 crore in Q4 FY24. Profit before tax (PBT) increased 10.86% YoY to Rs 125.23 crore in Q4 FY25. On full year basis, the companys standalone net profit jumped 30.1% to Rs 381.63 crore on 9.35% rise in revenue from operations to Rs 1,584.94 crore in FY25 over FY24. Manganese Ore production stood at 18.03 lakh tonnes in FY25, registering the growth of 3% YoY. Manganese Ore sales were at 15.87 lakh tonnes in FY25, up 3.3% YoY. Ferro manganese sales hit a record 12,942 MT, recording the growth of 54% YoY. Meanwhile, the companys board recommended final dividend of Rs 1.61 per equity share of face value of Rs 10 each for FY25. MOIL is a Schedule A Miniratna Category-I Company. At present, the company operates its underground and opencast mines located in the Nagpur and Bhandara districts of Maharashtra and Balaghat district of Madhya Pradesh.
