4. Is MOIL a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that MOIL Ltd is an average long term investment.
Is MOIL a good buy?
Company reported net profit after tax of Rs 51.38 Crore in latest quarter. The brokerage continues to remain positive on the company given its long term growth drivers continue to be well in place. It maintains BUY rating on MOIL with a revised target of Rs. 240 per share.
What is the future of MOIL?
MOIL is targeting to increase its present production to 2.50 million tonnes by 2025 and 3.00 million tonnes by 2030. Further, the company is in the process of acquiring mines in other states such as Gujarat, Odhisa, Rajasthan and Jharkhand.
What is the full form of MOIL?
MOIL (earlier known as Manganese Ore (India) Limited) is a miniratna state-owned manganese ore mining company headquartered in Nagpur, India.
What is the issue price of moil?
MOIL IPO Details
| Issue Open | Nov 26, 2010 |
|---|---|
| IPO Price | ₹375 |
| Face Value | ₹10 |
| IPO Size | ₹1,237.51 Cr |
| Listing At | BSE, NSE |
Is moil a government company?
It was in 1977, the balance 49% shareholding was acquired from CPMO and MOIL became a 100% Government Company under the administrative control of the Ministry of Steel.
Which company produces manganese in India?
MOIL
Manganese Ore India Ltd (MOIL) is the single largest producer of manganese ore in the country with an annual production of 1.1 million tonnes (MT).
What was the price of Coal India IPO?
The government on Monday fixed Coal India’s (CIL’s) initial public offer (IPO) price at Rs 245 per share, the upper end of the range. The government will fetch Rs 15,100 crore by selling 631.6 million shares, or 10 per cent stake, at Rs 245 per share. It will offer retail investors a discount of five per cent.
When did Nmdc go public?
1958
Incorporated in 1958, NMDC Ltd is a fully Government of India owned public enterprise….NMDC FPO Details.
| IPO Opening Date | Mar 10, 2010 |
|---|---|
| Listing At | BSE, NSE |
| Issue Size | 332,243,200 Eq Shares of ₹1 (aggregating up to ₹9,930.45 Cr) |
What is manganese ore used for?
Most of the manganese produced is used in the form of ferromanganese and silicomanganese alloys for iron and steel manufacture. Manganese ores containing iron oxides are first reduced in blast furnaces or electric furnaces with carbon to yield ferromanganese, which in turn is used in steelmaking.
Where is manganese found in India?
Indian manganese ore deposits occur mainly as metamorphosed bedded sedimentary deposits associated with Gondite Series (Archaeans) of Madhya Pradesh (Balaghat, Chhindwara & Jhabua districts), Maharashtra (Bhandara & Nagpur districts), Gujarat (Panchmahal district), Odisha (Sundargarh district) and with Kodurite Series …
Which state is largest manganese producer in India?
Madhya Pradesh
Madhya Pradesh, the leading manganese ore producing State, accounted for 33% of the total production in 2018-19, which is followed by Maharashtra (27%) and Odisha (16%) (Tables- 2 to 6).
What is the prices page of Moil?
The Prices page of MOIL Ltd.. captures the information on Price and Volume for a user defined time interval. It also contains the Live Stock Price and Volume, 52 Week High Low, Bid and Offer Price and Volume, Intraday and Historical Price Chart. Intraday Data not available.
What is the dividend yield of Moil stock?
For the year ending March 2019 MOIL has declared an equity dividend of 60.00% amounting to Rs 6 per share. At the current share price of Rs 143.75 this results in a dividend yield of 4.17%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
What is the operating margin of moil for the current year?
The operating margin of MOIL for the current financial year is 24.62 %. Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for MOIL is Rs 6 and the yield is 4.52 %. MOIL Limited is a Schedule ‘A’ Miniratna Category-I Company.
Why should I buy Moil?
Buy MOIL you will get a high dividend yield from a growth stock. Just enjoy dont get annoyed. You will now receive notification when someone reply to this message. You will now receive notification when someone reply to this message. Moil Industry consistently well perform this is the right time to buy in dips for more detls ..
