India's MOIL rises on increasing manganese ore prices

Moil

01/04/2024 07:10

** Manganese ore miner MOIL's  MOIL.NS  shares up 5.3% to
293.25 rupees
    ** Company on Sunday said prices of ore with manganese
content below 44% will be increased by 3%, effective April 1
    ** Stock has been trading above its 200-day moving avg since
last June
    ** MOIL ended its three-quarter streak of gains in March
    ** Including session's move, stock down 5% YTD

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