{"id":114899,"date":"2023-12-05T12:38:09","date_gmt":"2023-12-05T07:08:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114899"},"modified":"2023-12-05T13:15:27","modified_gmt":"2023-12-05T07:45:27","slug":"miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/","title":{"rendered":"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-567609140\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1118373281\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 6,442.34 crores, the stocks of MOIL Limited opened their trading hour on Tuesday at Rs 319.85 and currently trades at Rs 316.60. The scrip witnessed an intra-day high of Rs 327.55 indicating a gain of approximately 5 percent as compared to the previous closing levels of Rs 312.80 apiece.&nbsp;<\/p><p>Such bullish stock price movements were observed after the company, via a recent regulatory filing with the Bombay Stock Exchange (BSE), provided some business updates pertaining to ore production. In November 2023, the company reported an ore production of 1.62 lakh metric tonnes (MT), which is 35 percent higher as compared to November 2022.&nbsp;<\/p><p>So far, in this financial year, i.e., from April-November 2023, the company has reported production of 10.9 lakh tonnes of manganese, registering a remarkable growth of 43 percent as compared to the same period previous year.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-19040070\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Having a look at the sales too, the company has continued to scale its business by marking a growth of 18 percent and 52 percent during the November 2023 and April-November 2023 period respectively.&nbsp;<\/p><p>MOIL Limited is the largest producer of manganese ore in India with a market share of approximately 46 percent in the country with large reserves of manganese ore. Out of a total of 503 million tonnes of manganese ore resources in India, MOIL is holding around 101 million tonnes of resources, i.e., 20 percent share.&nbsp;<\/p><p>During the recent financial quarters, the company has witnessed a dip in numbers as far as the operating revenues and net profits are concerned. The former reduced from Rs 379.71 crores during Q1FY23-24 to Rs 347.53 crores during Q2FY23-24, and, the latter, during the same period, moved down from Rs 86.57 crores to Rs 61.52 crores.&nbsp;<\/p><p>Manganese Ore (India) Limited, also known as MOIL Limited, is a mining company based in India with 11 major mines that focus on the mining and production of manganese ore. The company also manufactures ferro manganese and electrolytic manganese dioxide.&nbsp;<\/p><p><strong>Written by Amit Madnani&nbsp;<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-4011101215\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-836975520\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.&nbsp; With a market capitalization of Rs 6,442.34 crores, the stocks of MOIL Limited opened their trading hour on Tuesday at Rs 319.85 and currently trades at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":38009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-114899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-05T07:08:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-05T07:45:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/\",\"url\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/\",\"name\":\"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg\",\"datePublished\":\"2023-12-05T07:08:09+00:00\",\"dateModified\":\"2023-12-05T07:45:27+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0 - Trade Brains Features","description":"Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/","og_locale":"en_US","og_type":"article","og_title":"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0","og_description":"Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-12-05T07:08:09+00:00","article_modified_time":"2023-12-05T07:45:27+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/","url":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/","name":"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg","datePublished":"2023-12-05T07:08:09+00:00","dateModified":"2023-12-05T07:45:27+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of this Miniratna stock under the \u2018small-cap\u2019 category jumped up to 5 percent in Tuesday\u2019s trading session after the company provided some key business updates for November 2023.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/mining-ore-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-up-to-5-after-it-reports-sales-growth-of-18-in-november\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Miniratna stock jumps up to 5% after it reports sales growth of 18% in November\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=114899"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114899\/revisions"}],"predecessor-version":[{"id":114900,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114899\/revisions\/114900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/38009"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=114899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=114899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=114899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}