Company Profile

MOIL LTD.

NSE : MOILBSE : 533286ISIN CODE : INE490G01020Industry : Mining & MineralsHouse : PSU
BSE126.901.7 (+1.36 % )
PREV CLOSE (Rs.) 125.20
OPEN PRICE (Rs.) 125.20
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 15778
TODAY'S LOW / HIGH (Rs.)125.20 129.70
52 WK LOW / HIGH (Rs.)86.8 170
NSE126.95 1.85 (+1.48 % )
PREV CLOSE(Rs.) 125.10
OPEN PRICE (Rs.) 124.90
BID PRICE (QTY) 126.95 (1900 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 306884
TODAY'S LOW / HIGH(Rs.) 124.45 129.65
52 WK LOW / HIGH (Rs.)85.55 169.95

Company News

Date Heading Details
04-May-2020 MOIL revises prices of various grades of manganese ore <div align="justify">MOIL has fixed/revised prices of different grades of Manganese Ore and other products. The prices of all grades of Ferro, SMGR grades (Mn 30% &amp; Mn 25%), Fines and Chemical grades have been increased with effect from May 01, 2020 by 45% on the prices prevailing since April 01, 2020.</div><div align="justify"><br>MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).<br></div>
04-May-2020 MOIL moves up on revising prices of various grades of manganese ore <div align="justify">The scrip is currently trading at Rs. 133.80, up by 4.10 points or 3.16% from its previous closing of Rs. 129.70 on the BSE.<br><br></div><div align="justify">The scrip opened at Rs. 134.10 and has touched a high and low of Rs. 138.65 and Rs. 132.05 respectively. So far 68289 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.00 on 13-Jan-2020 and a 52 week low of Rs. 86.80 on 24-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 138.70 and Rs. 126.75 respectively. The current market cap of the company is Rs. 3180.19 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 65.69%, while Institutions and Non-Institutions held 17.19% and 17.12% respectively.<br><br></div><div align="justify">MOIL has fixed/revised prices of different grades of Manganese Ore and other products. The prices of all grades of Ferro, SMGR grades (Mn 30% &amp; Mn 25%), Fines and Chemical grades have been increased with effect from May 01, 2020 by 45% on the prices prevailing since April 01, 2020.<br><br></div><div align="justify">MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).<br><br></div>
03-Apr-2020 MOIL informs about press release <P align=justify>In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, MOIL has informed that it has enclosed a copy of the press release titled MOIL contributes Rs 45 crore in PM Cares Fund, being issued to the press.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.
02-Mar-2020 MOIL revises prices of various grades of manganese ore <p align="justify">MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from March 01, 2020. <p align="justify">The prices of all Chemical grades viz DB2320, DB3385, DB3494, DB4546 and DB4547 have been reduced by about 5% on the prices prevailing since February 1, 2020. The price of Balaghat Fines (BGF534 – Mn 27%) has been reduced by about 10% on the price prevailing since February 1, 2020. Prices of all other grades of Manganese ore i.e. Ferro grades, SMGR grades (Mn-30% &amp; Mn-25%) and other grades of Fines remain unchanged.<p align="justify">MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).</p>
02-Mar-2020 MOIL informs about disclosure <P align=justify>In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, MOIL has informed that 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 01.03.2020.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<P align=justify><BR>
02-Mar-2020 Information Relating To Fixation Of Price Of Different Grades Of Manganese Ore For 4Th Quarter 2019-20 (January-March'2020) Effective From 01.03.2020 In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that 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 01.03.2020.
03-Feb-2020 MOIL revises prices of various grades of manganese ore <p align="justify">MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from February 01, 2020. The prices of all grades of manganese ore having Mn-44% and above have been increased by about 2.5% and all the other Ferro grades of Manganese Ore having Manganese below 44% have been increased by about 7.5% on the existing prices prevailing since January 1, 2020. <p align="justify">The prices of SMGR grades (Mn-30% &amp; Mn-25%) and all grades of Fines (except Balaghat Fines) have been increased by about 7.5% on the existing prices prevailing since January 1, 2020. The prices of all Chemical Grades and Balaghat Fines namely (BGF452 &amp; BGF534) have been continued as prevailing since January 1, 2020.<p align="justify">MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).</p>
03-Feb-2020 M&M, Coal India and MOIL to see some action today <p align="justify"><strong>Mahindra &amp; Mahindra's</strong> (M&amp;M) Farm Equipment Sector (FES) has reported its tractor sales numbers for January 2020. Domestic sales in January 2020 were at 22,329 units, as against 20,948 units during January 2019. Total tractor sales (Domestic and Exports) during January 2020 were at 23,116 units, as against 22,212 units for the same period last year. Exports for the month stood at 787 units.<p align="justify"><strong>Coal India</strong> (CIL) has reported rise in its production by 10.3% to 63.11 million tonnes in January 2020. The production in the same month a year ago stood at 57.21 million tonnes. Coal offtake during January too increased by 6.9% to 56.05 million tonnes as compared with 52.44 million tonnes in the year-ago month.<p align="justify"><strong>MOIL</strong> has fixed/revised prices of different grades of Manganese Ore and other products, effective from February 01, 2020. The prices of all grades of manganese ore having Mn-44% and above have been increased by about 2.5 % and all the other Ferro grades of Manganese Ore having Manganese below 44% have been increased by about 7.5 % on the existing prices prevailing since January 1, 2020.<p align="justify"><strong>Muthoot Capital Services</strong> has completed a securitization transaction of Rs 173.24 crores (funded amount Rs 156 crores, split into 15600 units of Rs 1 lakh each) on January 31, 2020. This 15600 units will be listed on BSE in due course. With this transaction, the Company has so far raised total funds of Rs 734.81 crore through securitization / direct assignment transactions during the FY 2019 - 20.<p align="justify"><strong>Atul Auto</strong> has reported sale of 3700 units, with a rise of 3.82% for the month of January 2020 as compared to 3,564 units sold in January 2019. Total sales from April to January (2019-20) stood at 40,041 units as against 41,331 units sold during the same period of 2018-19.<p align="justify"><strong>JSW Steel</strong> has bagged two iron ore mines with a total reserves of 980 million tonnes in the auction in Odisha. The company won Narayanposhi iron block with 190 MT reserve. Both the mines are operational and its leases were expiring in March.<p align="justify"><strong>Cochin Shipyard </strong>(CSL) has taken 100 percent stake in an SPV which it formed along with Hooghly Dock and Port Engineers for modernisation and renovation of the two dry docks on western bank of the Hooghly river. The special purpose vehicle, Hooghly Cochin Shipyard (HCSL), was set up to bring new investors to revive the two ailing dry docks in Nazirgunj and Salkia, both in West Bengal's Howrah district. <p align="justify">&nbsp;</p>
30-Jan-2020 MOIL gets environmental clearance for capacity expansion of Gumgaon Mine <p align="justify">MOIL has received Environmental Clearance for enhancement of production capacity from 90,000 TPA to 2,03,200 TPA. The production will increase gradually. MOIL is operating underground manganese ore mine at Gumgaon in Nagpur District of Maharashtra. Total lease area of the mine is 85.896 hectare.<br></p><p align="justify">MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).<br></p>
30-Jan-2020 Greenlam Industries, MOIL and Rishab Special Yarns to see some action today <p align="justify"><strong>Greenlam Industries</strong>' wholly owned subsidiary -- Greenlam South (GSL) has received Board of Directors' approval to set up a manufacturing facility at Naidupeta, Nellore in the state of Andhra Pradesh for manufacturing of Laminates and allied products. GSL has been provisionally allotted by Andhra Pradesh Industrial Infrastructural Corporation (APIIC), land admeasuring 65 acres around in Naidupeta, Nellore, Andhra Pradesh.<br></p><p align="justify"><strong>MOIL</strong> has received Environmental Clearance for enhancement of production capacity from 90,000 TPA to 2,03,200 TPA. The production will increase gradually. MOIL is operating underground manganese ore mine at Gumgaon in Nagpur District of Maharashtra. Total lease area of the mine is 85.896 hectare.<br></p><p align="justify"><strong>Rishab Special Yarns</strong> has received approval for Sale of 2500 Sq. Mtr. Land at Ambaji Industrial Area, Abu Road, Sirohi in the state of Rajasthan. The Board of Directors has given its consent to sale the 2,500 Sq. Mtr. land at the rate of Rs 1,600 per Sq. Mtr.<br></p><p align="justify"><strong>S Chand and Company</strong> has launched an affordable digital learning app-‘Learnflix' for Class 6th to Class 10th for Maths and Science. This application provides learning to the students through 28,000 plus videos, quizzes, revision notes, assessments, samples and e-books from some of India's most renowned authors including Lakhmir Singh, Manjit Kaur, Anubhuti Gangal etc.<br></p><p align="justify"><strong>Tata Consultancy Services</strong> (TCS) has strengthened and expanded its strategic partnership with ABN AMRO, one of the largest banks in the Netherlands, to help the latter build a new, scalable technology core that will increase its innovation velocity and support its digital ambitions. The company has been a trusted partner for ABN AMRO for the last 15 years and has worked closely with the Bank to drive its growth and transformation agenda across various lines of business, leveraging its full stakeholder portfolio of business and technology services, solutions and intellectual property.<br></p><p align="justify"><strong>Ashoka Buildcon</strong>'s subsidiary -- Ashoka Kandi Ramsanpalle Road (SPV) has executed a concession agreement with National Highways Authority of India (NHAl) on January 29, 2020, for the Project viz. ‘Tumkur - Shivamogga Section from Km 170.415 to Km 226.750 from Bettadahalli Shivamogga (Package IV) on Hybrid Annuity Mode under Bharatmala in the State of Karnataka.<br></p><p align="justify"><strong>Escorts</strong> has reported a rise of 9.24% in its net profit at Rs 153.05 crore for third quarter ended December 31, 2019 as compared to Rs 140.11 crore for the same quarter in the previous year. However, total income of the company decreased by 1.15% at Rs 1,660.17crore for Q3FY20 as compared Rs 1,679.47 crore for the corresponding quarter previous year.<br></p>