India's MOIL rises after 15% YoY growth in February production

Moil

04/03/2024 04:06

** Shares of manganese ore producer MOIL  MOIL.NS  up 4.8% at
294.6 rupees
    ** MOIL reports 15% YoY rise in manganese ore production for
month of February
    ** Says production upto Feb 2024 registers 37% growth YoY,
surpassing best-ever production of any fiscal year since
inception
    ** Stock on track for a fourth consecutive session of gain
if trend holds
    ** Including session gains, MOIL is down 4.6% YTD vs a 91.9%
rise in 2023



 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))