MOIL Surges 6.76% as Record August Output Boosts Investor Sentiment

Mumbai, September 3, 2025: Shares of MOIL Limited (NSE: MOIL, BSE: 533286) witnessed a massive rally during early Wednesday morning after the company reported the highest-ever production in August. The shares jumped by 6.76% in early trading hours as the company achieved 1.45 lakh tonnes of manganese ore production in August 2025, representing a 17% year-on-year growth.

Headquartered in Nagpur, MOIL Limited is a Government of India enterprise under the Ministry of Steel. It is India’s largest manganese ore producer, catering to domestic steelmakers and allied industries. The company has been listed since December 2010.

Share Price Rises 6.76% to ₹368.10 as Volumes Cross 36 Lakh Shares

At 10:30 AM, the stock traded at ₹368.10, 6.76% higher than the previous day’s close. The stock opened strong at ₹369.95 and touched a high of ₹369.95 against the previous close of ₹344.80. After today’s rally, the stock has surged by 21.66% in the past six months. The P/E ratio is 24.99 compared to the industrial average of 13.52. The trading volume was quite robust, and over 36 lakh shares were traded during the first hour of trade.

MOIL Production Hits 1.45 Lakh Tonnes in August, Sales Jump 25.6% YoY

As underlined, MOIL reported strong operational growth in August 2025, producing 1.45 lakh tonnes of manganese ore, up 17% YoY. Sales for the month surged to 1.13 lakh tonnes, reflecting a sharp 25.6% YoY rise. For April–August 2025, cumulative production stood at 7.92 lakh tonnes (+9.3%), while exploratory drilling reached 50,621 meters (+8.6%). CMD Ajit Kumar Saxena praised the team’s resilience in sustaining growth momentum despite challenging weather conditions.

MOIL’s re͏c͏o͏rd-br͏eaking ͏Augus͏t͏ output ͏and co͏nsistent ͏sales growth have rea͏ff͏i͏r͏med its leadership in the manganese ore indu͏stry. With a 6͏.8% surge in share price an͏d strong͏ investor resp͏onse, the co͏mpany’s͏ ͏operational effic͏iency is cl͏earl͏y translatin͏g into market͏ confidence. Sustained production ga͏ins͏ and robust demand ͏out͏loo͏k are expec͏ted to ͏keep MOI͏L fir͏mly i͏n focus amo͏ng steel-linked ͏stock͏s in t͏he co͏mi͏ng months.͏

REF: https://nsearchives.nseindia.com/corporate/MOIL_02092025205011_Press_Release_02092025.pdf

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