MOIL Ltd revises prices of Manganese Ore from Oct 1, 2020

In line with the business practice of fixing/revising prices of Manganese Ore and other products, MOIL Ltd has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.10.2020 as under.

- The prices of all grades of Ferro, SMGR grades (Mn30% & Mn25%), Fines and Chemical grades have been increased by about 7.5% w.e.f. 01.10.2020 on the prices prevailing since 01.09.2020.

- Bulk quantity discount @ 10%(inclusive of GST) on the basic price of BGF534 will be offered on the full quantity lifted, if the lifted quantity by customer exceeds 5500 MT during the quarter Oct-Dec, 2020.

- The basic price of Electrolytic Manganese Di-oxide (EMD) has been continued as prevailing since 01.07.2020.

- Ferro Manganese / Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold by e-auction as well as through Metal Mandi (M3) of MSTC, in line with the existing practice.

Shares of MOIL LTD. was last trading in BSE at Rs.139.9 as compared to the previous close of Rs. 142.1. The total number of shares traded during the day was 6729 in over 312 trades.

The stock hit an intraday high of Rs. 142.9 and intraday low of 139.45. The net turnover during the day was Rs. 945655.

Source : Equity Bulls

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