India's MOIL jumps as Q2 profit more than doubles

Moil

08/11/2023 09:29

** Shares of MOIL  MOIL.NS  up as much as 9.19% at 257.9
rupees, marking biggest gain since Oct 12
    ** Manganese ore producer posted a more than two-fold jump
in Q2 net profit after rev from ops surged over 47% 
    ** Co logs busiest day since Oct 17 
    ** About 4.8 mln shares changed hands by 2:57 p.m. IST, 2x
30-day avg 
    ** Stock up over 55% YTD
  

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))