MOIL Shines After Signing Of MoU With Government Of MP

MOIL Ltd is currently trading at Rs 326.3, up by Rs 7.95 or 2.5% from its previous closing of Rs 318.35 on the BSE. The company signed a pact with Madhya Pradesh government to conduct mineral exploration in the state.

The scrip opened at Rs 324 and has touched a high and low of Rs 328.8 and Rs 322.35 respectively. So far 142151 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 4240.03 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 330 on 27-Oct-2016 and a 52 week low of Rs 180.1 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 330 and Rs 276.35 respectively. The promoters holding in the company stood at 75.58 % while Institutions and Non-Institutions held 12.67 % and 11.75 % respectively. The stock is currently trading above its 50 DMA.
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About Suhani Varma

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