MOIL Limited — Important, 01-03-2025: General Updates

MOIL has fixed prices for various grades of Manganese Ore effective from March 1, 2025. Prices for all Ferro grades with a Manganese content of 44% and above have seen an increase of 10%, while those below 44% have shifted up by 6.5%. The prices for SMGR and Fines grades will remain unchanged at prevailing levels. Additionally, Chemical grade prices have also increased by 6.5%. The basic price for EMD remains at ₹2,05,000 per metric ton. These adjustments reflect ongoing pricing strategies within the manganese market and may indicate a positive outlook for revenue in the upcoming quarter, suggesting investors keep a close watch on performance.