MOIL Limited — Important, 01-04-2025: General Updates

MOIL has announced a board meeting on fixing the prices of various grades of Manganese Ore for April 2025, effective from April 1, 2025. Prices for Ferro grades with Mn content of 44% and above will see a 3% increase, while other Ferro grades below Mn-44% will rise by 0.5%. Additionally, SMGR and Fines grades will also increase by 0.5%, and Chemical grades by 3%. The basic price of Rs. 2,05,000 per metric ton for EMD remains unchanged. These adjustments in pricing reflect the company's ongoing strategy to align with market conditions, likely fostering a positive outlook among investors interested in commodity price movements.