MOIL Ltd in Focus: Stock surges 10.8% in one month; records best-ever April production
MOIL Ltd shares have gained significantly amid showering strong production growth in FY25-26 and has reported its highest ever April performance
New Delhi: PSU Stock, MOIL Ltd shares have gained significantly amid showering strong production growth in FY25-26 and has reported its highest ever April performance, reinforcing its commitment to operational excellence, in terms of, Record April production of 1.62 lakh tonnes of Manganese (Mn) ore, registering a growth of 1.5% over CPLY and Exploratory core drilling of 11,453 meters - a 58% increase over CPLY.
Shri Ajit Kumar Saxena, CMD, MOIL, remarked, "MOIL’s April performance sets a positive tone for the year ahead. The organization remains committed to sustained growth and value creation."
The stock has surged over 10.85% in last one month. The stock opened today at Rs 340.00 and the 52-week high is at Rs 588.00. However, currently the shares are trading down by 1.27% at Rs 334.40.