India's MOIL jumps on posting rise in 2023 production

Moil

22/12/2023 04:07

** Shares of manganese ore producer MOIL  MOIL.NS  up 4.1%
to 313 rupees
    ** Rise after co said its 2023 production surpassed 1.6
million tonnes, up 26% from previous high in 2019
    ** MOIL is trading above its 200-day simple moving average
since mid-June 
    ** Co on track to post yearly gains after falling 4.8% in
the previous year 
    ** Stock last up 2.6%, extending YTD gains to above 90% 
    


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))