Moil Share Price Target 2024, 2025, 2030, 2040, 2050
MOIL which stands for Manganese Ore (India) Limited is an Indian company. This company generally extract manganese ore from different places. As this ore is very demanding, it supplies it to different sectors.
The company was established in 1962 as a British company and later on, it became an Indian company.
What is Moil Ltd NSE: MOIL?
Contents
- 1 What is Moil Ltd NSE: MOIL?
- 2 Moil Share Price Target 2024
- 3 Moil Share Price Target 2025
- 4 Moil Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Moil Share Price forecast
- 8 Should I Buy Moil Stock?
- 9 Moil Ltd Earning Results
- 10 Is Moil Stock Good to Buy? (Bull case & Bear case)
- 11 Conclusion
- 12 FAQs
MOIL(Manganese Ore (India) Limited) is a government-owned company in India. It was first set up in 1962 as Manganese Ore (India) Limited but changed its name to MOIL Limited in 2010. it began in 1896 as a British company called Central Provinces Manganese Ore Company Limited (CPMO). it produces manganese ore which has many uses in different sectors.
The company makes about 1.3 million tons of manganese ore each year, offering different types like high-grade for ferro manganese, medium-grade for silico manganese, and blast furnace grade for hot metal, as well as manganese dioxide for dry batteries.
This company is expanding its mining work, it makes mines in different sites in India. This company is growing its production while also focusing on protecting the environment and being socially responsible. They want to produce more manganese but with less environmental pollution. This company has improved its technology and production methods, making it one of the top manganese suppliers in India and worldwide. We can expect the price target ₹584 of its stock price in 2024.
The price could be between ₹298 to ₹584 in 2024.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 298 | 584 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 298 | 358 |
| February | 257 | 363 |
| March | 258 | 312 |
| April | 282 | 440 |
| May | 393 | 552 |
| June | 417 | 562 |
| July | 462 | 584 |
| August | 391 | 502 |
| September | 360 | 480 |
| October | 323 | 459 |
| November | 321 | 445 |
| December | 328 | 500 |
Currently, It runs its underground and open-pit mines in the Nagpur and Bhandara districts of Maharashtra and the Balaghat district of Madhya Pradesh. All these mines are almost 100 years old. The Balaghat Mine is the largest mine of the company, and it now reaches about 435 meters deep from the surface. The Dongri Buzurg Mine, in the Bhandara district of Maharashtra, is an open-pit mine that produces manganese dioxide ore, which is used by the dry battery industry.
This ore, in the form of manganous oxide, is also used as a micro-nutrient in cattle feed and fertilizers. This company meets about 46% of India’s total demand for dioxide ore. Currently, the annual production is around 1.3 million tonnes, and it is expected to grow in the coming years. In 2025, its stock price would be ₹821.
We expect its share price to be between ₹300 to ₹821 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 300 | 821 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 300 | 486 |
| February | 337 | 513 |
| March | 354 | 464 |
| April | 371 | 486 |
| May | 390 | 512 |
| June | 434 | 554 |
| July | 458 | 500 |
| August | 470 | 512 |
| September | 450 | 597 |
| October | 467 | 621 |
| November | 490 | 670 |
| December | 432 | 821 |
Recently, the company’s shares have been going up, and the company is strong financially. If we look at the recent performance of it, the company has been performing well. One by one getting huge orders helps to grow the company. In the last 1 year, the company’s shares have gone up very fast. In the last 6 months, the shares have increased a lot. If you look at it in the long term the stock has good strength because the demand for its product is increasing with time passing so you can see a good future for this company. In 2050, its stock price target would be ₹2000.
According to our analysis, the price would be between ₹1700 to ₹2000 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1700 | 2000 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1700 | 1825 |
| February | 1757 | 1868 |
| March | 1772 | 1894 |
| April | 1790 | 1911 |
| May | 1809 | 1930 |
| June | 1750 | 1875 |
| July | 1784 | 1888 |
| August | 1822 | 1937 |
| September | 1854 | 1945 |
| October | 1860 | 1930 |
| November | 1875 | 1950 |
| December | 1930 | 2000 |
This company is a well-known public company in India that mainly produces manganese ore. As the largest producer of manganese ore, it is important for the steel and alloy industries. Its fundamentals look very good and it gave very good returns to its investors. The company is in a good position to take advantage of new opportunities and manage challenges. Investors can use these predictions and the company’s plans to consider investment options in the manganese ore industry. In 2040, its stock price would be ₹3341.
In 2040, its stock price target would be between ₹3000 to ₹3341.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 3000 | 3341 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3000 | 3094 |
| February | 3038 | 3108 |
| March | 3067 | 3128 |
| April | 3090 | 3147 |
| May | 3104 | 3168 |
| June | 3132 | 3189 |
| July | 3170 | 3197 |
| August | 3164 | 3227 |
| September | 3190 | 3260 |
| October | 3210 | 3254 |
| November | 3241 | 3290 |
| December | 3285 | 3341 |
This is India’s top manganese producer and has plans for the future to boost production, by using new technology and improving environmental practices. The company will invest in new and existing mines to produce more manganese and use advanced technology to make mining more efficient and eco-friendly. It will also focus on recycling, water conservation, and energy-saving methods. Additionally, the company will train its workers to keep up with new technology and expand its market presence both in India and internationally to increase revenue. In 2050, we can expect its stock price target ₹4823.
The stock price would be between ₹4420 to ₹4823 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 4420 | 4823 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4420 | 4470 |
| February | 4457 | 4490 |
| March | 4480 | 4513 |
| April | 4537 | 4570 |
| May | 4558 | 4597 |
| June | 4580 | 4616 |
| July | 4610 | 4670 |
| August | 4645 | 4690 |
| September | 4632 | 4670 |
| October | 4658 | 4697 |
| November | 4682 | 4721 |
| December | 4735 | 4823 |
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 298 | 584 |
| 2025 | 300 | 821 |
| 2030 | 1700 | 2000 |
| 2040 | 3000 | 3341 |
| 2050 | 4420 | 4823 |
Should I Buy Moil Stock?
As we have discussed it produces and sells manganese ore and other products. Its products include Electrolytic Manganese Dioxide (EMD) for dry batteries, Ferro Manganese, and wind energy from farms in Madhya Pradesh to support renewable energy. This company is the largest manganese ore producer in India, with mines in Maharashtra and Madhya Pradesh, and is also planning to expand internationally through partnerships. The company is strong and is expected to grow more in the future.
Moil Ltd Earning Results
| Market Capital (Cr.) | 7,900.31 |
| Turnover (Cr.) | 1.75 |
| TTQ (Lakh) | 0.45 |
| EPS (TTM) | 17.65 |
| CEPS (TTM) | 24.89 |
| PE/PB | 21.66 / 3.17 |
| ROE | 14.64 |
| Face Value | 10.00 |
| Cash EPS | 9.28 |
| EPS | 7.49 |
| Revenue | 492.84 |
| Net Profit | 152.35 |
Is Moil Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- Manganese is needed to make steel, and steel is widely used everywhere.
- It is the biggest producer of manganese ore in India. The company also gets support from the Indian government.
- It plans to increase its production, which means it could sell more in the future. The company wants to double its manganese production by 2030.
- It has no debt and a lot of cash, which puts it in a good position to invest in its business or pay dividends to shareholders.
- This company is trying to make new, high-value products like electrolytic manganese dioxide (EMD) and ferroalloys. These products can sell for higher prices and could increase the company’s profits.
Bear Case:
- The price of manganese ore can change a lot. If prices go down, MOIL’s income and profit could drop.
- As a government-owned company, MOIL may face rules or changes that could affect its ability to make profits.
- This company has high costs for mining and operations. If manganese prices fall, these high costs could hurt the company’s profits.
Conclusion
The company is one of the biggest manganese producers in the country. Its products are widely used in different industries. We have well discussed its company and stock in the Indian stock market. The company’s fundamentals are very good and gave good returns to its long-term investors. We suggest you carefully read the whole article before investing in this stock it will help you to make a decision.
