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Showing posts with label MOIL. Show all posts
Showing posts with label MOIL. Show all posts
Tuesday, January 08, 2013
Tuesday, November 20, 2012
Thursday, October 04, 2012
Thursday, August 16, 2012
Sunday, June 17, 2012
Tuesday, June 05, 2012
Monday, June 04, 2012
Tuesday, December 13, 2011
Tuesday, November 01, 2011
Sunday, October 16, 2011
MOIL - Buy
India's largest manganese producer, MOIL, has witnessed a 30 per cent correction in its stock price in the last three months following a sharp correction in manganese ore prices and weak global growth outlook. This provides investors the opportunity to accumulate the stock at attractive valuations.
A growing domestic market for steel, industry-topping profit margins, zero debt and high cash reserves make MOIL a very good defensive bet. The stock trades at 8.2 times trailing twelve month earnings which is at a discount to fellow public sector miners such as NMDC. On an EV/EBIDTA basis, the company trades at 3.5 times, which is at discount to global mining peers.
RECENT TROUBLES
Thursday, September 15, 2011
Thursday, August 11, 2011
Thursday, July 07, 2011
Sunday, May 29, 2011
Tuesday, May 24, 2011
MOIL
MOIL’s net profit for the year ended March 31, 2011 has surged by 26.10% at Rs 588.06 crore as compared to Rs 466.35 crore for the year ended March 31, 2010. Its total income has increased by 16.93% at Rs 1285.46 crore for the year under review from Rs 1099.37 crore for the previous year.
Saturday, March 12, 2011
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