Shares of State owned MOIL Ltd surged over by 0.90 percent as the company recorded its highest-ever production in the month of June of 1.68 lakh tonnes of manganese ore, with a 2% increase over the corresponding period of last fiscal year.
The company has registered record quarterly production and is continuing its robust growth trajectory.
The company in April-June, 2025 quarter has registered the following notable achievements: Best ever quarterly production of 5.02 lakh tonnes, higher by 6.8% over CPLY.
Best ever Q1 exploratory core drilling of 34,900 meters, which is higher by 16.2% over CPLY.
With this best achievement, Shri Ajit Kumar Saxena, CMD of MOIL, said the company’s resounding performance in April-June ’25 reflects its strong fundamentals and continued growth outlook.
Shares of MOIL Ltd are trading higher by 0.96 pc at Rs 392.50 at BSE. The stock opened at Rs 389.90 in Thursday session.