MOIL Limited has informed the Exchange about fixation of price of different grades of Manganese Ore.
MOIL · price
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Awaiting price reaction for this filing.
MOIL Limited has revised prices of various grades of Manganese Ore effective from 1 January 2026. Ferro grades with Mn content of 44% and above, as well as those below 44%, have been increased by 3%. SMGR (Mn-30%) and Fines grades have been increased by 5%. However, SMGR (Mn-25%) prices have been cut by 5%, and SMGR (Mn-20%) prices have been cut by 10%. Metal Mandi Fines (UKF532, DBF575, MSF592) have been increased by 10%. Chemical grades remain unchanged. The basic price of EMD has been reduced by Rs 5,000 to Rs 1,90,000 per metric tonne. The price changes reflect routine quarterly/monthly price revisions based on market conditions.
The mixed price revisions — increases in higher-grade and fines products but cuts in lower-grade SMGR and EMD — suggest a modest positive for revenue, as higher-value grades saw price hikes. For shareholders, this is a routine operational update with limited direct impact on stock price.