#InvestmentIdeas #MOIL In a release to the exchanges, #MOIL said that it posted total revenues of Rs 14.4 bn a growth of 22% YoY in FY22. This is just Rs 50 mn less than the highest ever turnover recorded in FY19. In terms of production and sales volumes, it grew by 8% and 6% respectively to 1.231 mn and 1.212 mn MT. The second and third Covid-19 wave impacted the operational performance during Q1 and Q4. Production and sales of high grade ore at around 660,000 MT (53-54% of total) was the highest ever. This is positive especially at a time when prices of high grade ore have risen more than other grades. In terms of the Q4FY22 performance, on a high base of last year (up 81% YoY) revenues will grow by 4% YoY to Rs 4.7 bn. This is very much in line with our expectations and would mostly imply an EBIDTA in excess of Rs 2 bn for the quarter - the highest ever. Remain positive.

MOIL December 2021 (quarterly) PAT at Rs 124 crore Vs Rs 51 crore YoY. Income at Rs 363 crore vs Rs 268 crore YoY #MOIL

Sharekhan target on MOIL Date: 12-Nov-21 Broker: Sharekhan Price @ Call: 177 Target: 210 Potential: 18.64% Recommendation: BUY

#MOIL I see MOIL is trading at cheaper price. As everyone know Manganese is another ore which is important for producing stainless steel & Industrial alloys etc. Long term investment perspective this has greater potential along with SAIL. Disclaimer: Due Diligence !!

https://in.tradingview.com/chart/MOIL/HY4Hffk2-Target-1-20-achieved-in-Moil-Target-2-is-ON/ #MOIL

*Moil price update* The prices of ferro grades and fines have been reduced by ~15% compared to june'20. The prices of SMGR grades (Mn 30% and Mn 25%) and chemical grades have been reduced by about 10% The basic prices of electrolytic managanese di-oxide (Emd) continued to remain the same Bulk Deal as on 01-07-20 Somany Ceramics Limited - 2.27 Lk @ 117.8 BIRLA SUN LIFE INSURANCE COMPANY LTD The Anup Engineering Ltd + 83 K @ 380.1 HDFC MUTUAL FUND A/C HDFC RETIREMENT SAVINGS FUND-EQUITY PLAN #MOIL