MOIL Shares gains higher as PSU posts Highest-Ever July Production in FY 26
State-owned MOIL Ltd has achieved manganese ore production of 1.45 lakh tonnes in July 2025, registering an impressive growth of 12% over the corresponding period last year, despite adverse weather conditions.
MOIL Shares gains higher as PSU posts Highest-Ever July Production in FY 26
New Delhi: Shares of MOIL Ltd are edging higher by 2.2% in the Monday’s trading session as the company has reportedly achieved the Highest-Ever July production of Manganese ore with around 1.45 lakh tonnes.
State-owned MOIL Ltd has achieved manganese ore production of 1.45 lakh tonnes in July 2025, registering an impressive growth of 12% over the corresponding period last year, despite adverse weather conditions.
MOIL Ltd has reported a strong operational momentum during April–July 2025, with production at 6.47 lakh tonnes (7.8% growth y-o-y), sales of 5.01 lakh tonnes (10.7% higher than CPLY), and exploratory drilling of 43,215 meters (up 11.4% over CPLY).
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Read Also : PESB recommends Vishwanath Suresh as next CMD of MOILShri Ajit Kumar Saxena, CMD, congratulated the MOIL team for this remarkable performance and appreciated the continued efforts to enhance production & sales even under challenging weather conditions.
The stock has opened today at Rs 337.00 and has reached an intraday high of Rs 344.95. With a significant market capitalization of Rs 7.01K crore, the stock has P/E ratio of 18.37.
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