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MOIL

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MOIL Limited (formerly Manganese Ore India Limited) is the largest producer of manganese ore in India. MOIL Limited has been ranked 486th  among the 500 top companies in India and 9th in the Mines and Metals Sector of the Fortune India 500 list for 2011.

 

This 2016 edition of MOIL company research report is prepared considering financials up to 31st March 2017.

Description

MOIL Limited (formerly Manganese Ore India Limited) is the largest producer of manganese ore in India. MOIL Limited has been ranked 486th  among the 500 top companies in India and 9th in the Mines and Metals Sector of the Fortune India 500 list for 2011. MOIL is a miniratna public sector company. It is headquartered in Nagpur, India. MOIL commands a market share of 50%.

 

MOIL operates 10 mines, six located in the state of Maharashtra and four in Madhya Pradesh. 

 

In December 2010, the government divested about 20% of its equity through an IPO.  At present, the Government government promoters hold  65.58% share in the company, the rest being held by financial institutions and the general public.

 

This 2016 edition of MOIL company research report is prepared considering financials up to 31st March 2017.

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