Shares of MOIL slipped 4 percent intraday on September 3 after the company reduced prices of different grades of manganese ore and other products.
The company reduced price of ferro grade, SMGR (Mn30% & Mn25%), fines and chemical grades of ore by about 5 percent effective from September 1, 2019.
At 1420 hrs, MOIL was quoting at Rs 121.45, down Rs 3.95, or 3.15 percent on the BSE.
The share touched its 52-week high of Rs 199.40 and its 52-week low of Rs 118.50 on 17 September, 2018 and 23 August, 2019, respectively.
Currently, it is trading 39.09 percent below its 52-week high and 2.49 percent above its 52-week low.
The company's trailing 12-month (TTM) EPS was at Rs 17.51 per share. (Jun, 2019). The stock's price-to-earnings (P/E) ratio was 6.94.
The latest book value of the company is Rs 119.67 per share. At current value, the price-to-book value of the company was 1.01. The dividend yield of the company was 4.94 percent.
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