Is moil a good stock to buy?
Company reported net profit after tax of Rs 51.38 Crore in latest quarter. The brokerage continues to remain positive on the company given its long term growth drivers continue to be well in place. It maintains BUY rating on MOIL with a revised target of Rs. 240 per share.
What is the future of moil?
In order to meet the requirement of manganese ore in future and maintain market leadership, MOIL has drawn a Strategic Management Plan-2030 (SMP-2030). As per the SMP-2030, the Company has planned to enhance its production to 3.00 million tonnes by 2030….MOIL Ltd Management Discussions.
| Particulars | 2020-21 | 2019-20 |
|---|---|---|
| Return on net worth (\%) | 6.33 | 8.49 |
What is the issue price of moil?
MOIL IPO is a main-board IPO of 33,600,000 equity shares of the face value of ₹10 aggregating up to ₹1,237.51 Crores. The issue is priced at ₹340 to ₹375 per equity share.
Why did moil share fall?
NEW DELHI: Shares of state-run MOIL fell over 7 per cent in Thursday’s trade after the company reported a sharp fall of over 90 per cent in its consolidated net profit at Rs 13.47 crore for March quarter, mainly on account of reduced income. The shares of the company closed 3.60 per cent lower at Rs 152.85 on BSE.
Is moil a PSU?
MOIL (earlier known as Manganese Ore (India) Limited) is a miniratna state-owned manganese ore mining company headquartered in Nagpur, India….MOIL.
| Type | Public Sector Undertaking |
|---|---|
| Founded | 22 June 1962 |
| Headquarters | Nagpur , India |
| Area served | India |
| Key people | Mukund Chaudhari (Chairman & MD) |
Is Moil good for long term investment?
As on 09-Sep-2021, the Fundamentals of MOIL look Strong and hence it may be good for long term investment! See Financial Performance of MOIL . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!
Can technical analysis be used to evaluate long term investments?
Because of the short duration of data collection in technical analysis, investors tend to use this method more in short-term trading. However, technical analysis can be a beneficial tool to evaluate long-term investments when combined with fundamental analysis.
Is Moil stock over or under valued?
As on 09-Sep-2021, MOIL is Under Valued based on the estimates of intrinsic value and hence may be a good buying opportunity according to Share Valuation at this time! What is the Intrinsic Value of MOIL? As on 09-Sep-2021, the Intrinsic Value of MOIL is Rs. 274.14 determined based on Median of the 3 historical models.
How do you evaluate a stock for long term investment?
The majority of investors who want to evaluate long-term investment decisions start with a fundamental analysis of a company, an individual stock, or the market as a whole. Fundamental analysis is the process of measuring a security’s intrinsic value by evaluating all aspects of a business or market.