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MOIL – Moil Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 2.48

Low: 2.48

High: 2.49

Total Analysts: 2

Company Profile

Moil Limited is an India-based company. The Company is engaged in the exploration, mine development, mining, beneficiation and marketing of various grades of manganese ore as well as manufacture of value-added products, such as electrolytic manganese dioxide (EMD) and high carbon ferro-manganese. The Company’s segments include Mining products, Manufactured products and Power. It produces and sells different grades of manganese ore, such as high-grade ores for production of ferro-manganese, medium grade ore for production of silico-manganese, blast furnace grade ore required for production of hot metal and dioxide for dry battery cells and chemical industries. The Company has total mining leases over an area of approximately 1743.77 hectares (Ha). It has approximately two wind farms of over 4.8 megawatts (MW) and approximately 15.2 MW situated at Nagda Hills and Ratedi Hills in Madhya Pradesh. The Company operates approximately four opencast and about seven underground mines.

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