MOIL shares jump over 9% as state-run PSU hikes price of all ferro grades of manganese effective June 1
After the mining company, raised the price of all ferro grades of manganese ore for the second straight month in June, shares of the PSU climbed by over 9 per cent in Monday's session.
![MOIL shares jump over 9% as state-run PSU hikes price of all ferro grades of manganese effective June 1](https://cdn.zeebiz.com/sites/default/files/2024/06/03/297173-untitled-design-2024-05-23t162301212.png?im=FitAndFill=(1200,900))
The Nagpur-based Miniratna PSU is a smallcap company engaged in the exploration, exploitation and marketing of manganese ore and products such as electrolytic manganese dioxide and high carbon Ferro manganese alloy.