Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Moil Limited ( (IN:MOIL) ) has issued an update.
MOIL Limited reported provisional figures for March 2026 showing manganese ore production of 1.64 lakh metric tonnes, slightly higher than 1.59 lakh metric tonnes a year earlier, with monthly sales rising more sharply to 2.02 lakh metric tonnes from 1.56 lakh metric tonnes. For the full FY 2025-26, cumulative production increased to 19.07 lakh metric tonnes from 18.03 lakh metric tonnes, while sales were broadly stable at 15.89 lakh metric tonnes versus 15.87 lakh metric tonnes, indicating steady operational growth and sustained market offtake for its ore.
The modest year-on-year gains in both monthly and annual production suggest incremental capacity or efficiency improvements at MOIL’s mines, while the strong March sales outperformance points to firm demand from steel and alloy makers toward the end of the fiscal year. Stable full-year sales volumes, despite higher output, imply the company is largely matching supply with market absorption, an important signal for investors tracking inventory buildup, pricing power, and MOIL’s competitive position in the manganese ore segment.
More about Moil Limited
MOIL Limited is a Government of India enterprise engaged in the mining and production of manganese ore, a key raw material for the steel and ferroalloy industries. Headquartered in Nagpur, Maharashtra, the company operates multiple mines and primarily serves domestic industrial customers, with its performance closely watched by capital markets through its NSE and BSE listings.
Average Trading Volume: 113,989
Technical Sentiment Signal: Hold
Current Market Cap: 59.6B INR
Learn more about MOIL stock on TipRanks’ Stock Analysis page.