India's MOIL rises after 31% YoY growth in Dec production

Moil

03/01/2024 07:12

** Shares of manganese ore producer MOIL  MOIL.NS  rise as
much as 4% to 328.55 rupees before paring some gains to trade up
0.7% at 12:31 p.m. IST
    ** MOIL on Tuesday reported 31% YoY rise in manganese ore
production for month of Dec
    ** Adds, in FY24 up to Dec, co has registered a 41% YoY
growth in manganese ore production 
    ** Stock on track for a third consecutive session of gain,
if trend holds    
    ** Stock rose ~92% in 2023, its best yearly performance
since listing in 2010




 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))