Is MOIL a govt Company?

Is MOIL a govt Company?

of India and the State Governments of Maharashtra and Madhya Pradesh and the balance 49% by CPMO. It was in 1977, the balance 49% shareholding was acquired from CPMO and MOIL became a 100% Government Company under the administrative control of the Ministry of Steel.

What is product of Moil Ltd?

MOIL Ltd is the largest producer of manganese ore by volume in India. The company produces high medium and low grade manganese ore. Also they produce manganese dioxide and chemical grade manganese ore.

Which Company is MOIL?

MOIL is a Schedule “A” Miniratna Category-I Company. It was originally incorporated as Manganese Ore (India) Limited in the year 1962. Subsequently, name of the Company was changed from Manganese Ore (India) Limited to MOIL Limited during the financial year 2010-11.

How do I participate in MOIL buyback?

  1. How to Participate in buyback? Firstly to be eligible for the buyback the investor should have shares of MOIL Buyback 2021 in demat or physical form as on record date [31.12.
  2. Profit from the buyback on the bases of acceptance Ratio: Buy 975 Share at CMP of Rs.177 [2,00,000/205=975)
  3. Recommendation:

Is MOIL a good buy?

Sharekhan is bullish on MOIL has recommended buy rating on the stock with a target price of Rs 220 in its research report dated March 25, 2022. Improved pricing environment with 10-15% price hike by MOIL Limited (MOIL) in March 2022 to drive margin expansion going ahead.

Which is the largest copper mine in India?

Malanjkhand copper deposit

Malanjkhand copper deposit, located 20 km away from the Kanha National Park is the single largest copper deposit of India with nearly 70% of the country’s reserve and contributing around 80% to HCL’s total copper production.

Which is the largest manganese mine in India?

MOIL (earlier known as Manganese Ore (India) Limited) is a miniratna state-owned manganese ore mining company headquartered in Nagpur, India. With a market share of 50%, it is the largest producer of manganese ore in India. MOIL operates 11 mines in adjoining districts of Maharashtra and Madhya Pradesh.

What is MOIL Nagpur?

Is moil a good buy?

What is record date for buyback?

What is Record Date? This date helps determine who are the company’s shareholders on that date. NIIT sets Oct 18 as record date for Rs 335 crore buyback offerNIIT’s board in August approved a proposal to buy back up to 2.68 crore shares from shareholders at Rs 125.

What is the future of MOIL share?

Sharekhan is bullish on MOIL has recommended buy rating on the stock with a target price of Rs 220 in its research report dated March 25, 2022.

Is MOIL a good buy for long term?

The brokerage continues to remain positive on the company given its long term growth drivers continue to be well in place. It maintains BUY rating on MOIL with a revised target of Rs. 240 per share.

Which country Copper is best?

Chile, the world’s leading copper producer by far, produced an estimated 5.6 million metric tons of copper in 2021. In second place is Peru, with an estimated copper mine production of 2.2 million metric tons in the same year.

Which state has highest copper in India?

Largest reserves/resources of copper ore to a tune of 813 million tonnes (53.81%) are in the state of Rajasthan followed by Jharkhand with 295 million tonnes (19.54%) and Madhya Pradesh with 283 million tonnes (18.75%).

Which state is the largest producer of manganese in India in 2022?

Statewise, Odisha tops the total reserves/ resources with 44% share followed by Karnataka (22%), Madhya Pradesh (12%), Maharashtra & Goa (7%) each, Andhra Pradesh (4%) and Jharkhand (2%).

Which place is famous for manganese?

Madhya Pradesh, the leading manganese ore producing State, accounted for 33% of the total production in 2018-19, which is followed by Maharashtra (27%) and Odisha (16%) (Tables- 2 to 6).

Where is manganese ore in India?

Statewise, Odisha tops the total reserves/ resources with 44% share followed by Karnataka 22%, Madhya Pradesh 12%, Maharashtra & Goa 7% each, Andhra Pradesh 4% and Jharkhand 2%. Rajasthan, Gujarat, Telangana and West Bengal together shared the remaining 2% resources (Table- 1).

Is Tata Steel giving dividend?

For the year ending March 2022 Tata Steel has declared an equity dividend of 510.00% amounting to Rs 51 per share. At the current share price of Rs 105.70 this results in a dividend yield of 4.82%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

How can I sell my share buyback?

In the Open Market Offer, the company buys back its shares directly from the market. This buyback process consists of buying back a large number of shares and is executed via the company’s brokers over a period of time. In this method of buyback of shares in India, the company approaches shareholders via a tender.

What is the future of MOIL?

Moil trend for this month is positive, which means Moil target predictions on upside have a better chance. Moil targets for this month are 173.84, 180.4 on the upside, and 154.16, 142.68 on the downside.

Who is the biggest supplier of copper?

Chile
Chile, the world’s leading copper producer by far, produced an estimated 5.6 million metric tons of copper in 2021. In second place is Peru, with an estimated copper mine production of 2.2 million metric tons in the same year. The world’s third-largest copper producer from mines is China.

Who is the largest producer of copper in India?

Madhya Pradesh
Largest reserves/resources of copper ore to a tune of 813 million tonnes (53.81%) are in the state of Rajasthan followed by Jharkhand with 295 million tonnes (19.54%) and Madhya Pradesh with 283 million tonnes (18.75%).

What area is copper famous?

The major copper mines are the Khetri copper belt in Rajasthan, Singhbhum copper belt in Jharkhand and Malanjkhand copper belt in Madhya Pradesh which are mined by HCL; Singhbhum belt is mined by M/s Indian Copper Complex.

Which city is the largest producer of manganese in India?

Odisha is the largest producer of manganese ores in India.

Which state has the highest deposit of manganese?

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