Stock Market: This smallcap company broke all records in FY25, released business figures:

Moil, a government company listed in BSE Smallcap, has informed the stock market about its operations for the last financial year after the close of trading on Wednesday. The company told the stock market that the last financial year has proved to be the best financial year of the company so far, in which the company has broken all previous records. According to the company, both manganese ore production and sales have been at record levels. Ferro manganese production has also been at record levels. On Wednesday, the company's stock closed with a gain of more than one percent.

What information has the company given?

According to the information given to the stock market, in the last financial year, manganese ore production increased by 2.7 percent on a year-on-year basis to 18.02 lakh tonnes, which is a record level. At the same time, manganese ore sales increased by 3.3 percent to 15.87 lakh tonnes during the same period. This has also been a record level. According to the information given, there has been an 18 percent increase in ferro manganese production and the figure has increased to 12,000 MT. Exploratory core drilling has increased by 22 percent to 1,07,530 meters. According to the company, this type of drilling is helpful in increasing the production of the company and helps in finding new mines across the country.

How was the performance of the stock?

On Wednesday, the stock closed at 331.65 with a gain of more than one percent. In November last year, the stock had recorded the lowest level of the year at around 281. At the same time, the stock has reached the highest level of the year at 588, the stock had recorded this level on 8 July 2024.