India's MOIL marks sharpest one-day pct rise in 11 months on Q4 profit rise

Moil

02/05/2025 07:13

** MOIL MOIL.NS jumps as much as 12.41% to 355 rupees; marks sharpest intraday pct gain since May 17, 2024

** Manganese ore miner posted ~27% y/y jump in Q4 net profit and 4.2% y/y rise rev from ops after market on Wednesday

** Thursday was a market holiday in India

** Share price above 50-day, 100-day and 200-day exponential moving averages

** Stock sees most active session since January 10, with more than 5.5 mln shares traded - 7.9x the 30-day avg

** Stock rated "strong buy" on avg; median PT is 400 rupees, per data compiled by LSEG

** MOIL turns YTD positive

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))