/ MOIL In Green, Raises Prices For Manganese Ore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 3 July 2017

MOIL has revised prices of different grades of Manganese Ore, on Saturday.

The prices of various grades of Manganese Ore have been revised, the average increase being 4.6% on an weighted average basis.

MOIL has reduced the free credit facility from 90 days to 60 days in case of payment made through L.C/ bank guarantee and for advance payment/credit balance, cash discount is reduced from 1.5% to 1% for the sale of all grade of Manganese ore except the grade of ore sold through e-sales.

The prices of electrolytic manganese dioxide (EMD) have been increased by 5% on the prices prevailing during June 2017.

Meanwhile, the stock on BSE traded on positive territory gaining 1.56% at Rs 325.05 per share. On NSE the stock attracted a traded volume of 65,145 shares and a traded value of Rs 211.49 lakh.

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