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MOIL shares jump 8% as August output hits record 1.45 lakh tonnes
short by / on Wednesday, 3 September, 2025
Manganese Ore India (MOIL) shares surged over 8% after the miner posted record August production of 1.45 lakh tonnes, up 17% YoY. Sales rose 25.6% to 1.13 lakh tonnes, while April-August output hit 7.92 lakh tonnes, its best ever. National Mineral Development Corporation (NMDC) and Coal India also reported strong August gains, underscoring a robust performance across India's mining sector.
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