Should you buy MOIL stock in India in 2025?
Is it the right time to buy MOIL?
ScoreAs of early July 2025, MOIL Limited shares are trading near ₹388 on both NSE and BSE, with a robust average daily volume of around 935,000 shares. The stock has experienced a correction over the past year, reflecting broader sector trends, but recent quarterly results have reignited investor attention: net profit rose a striking 26.9% year-on-year and revenue continues to outpace expectations. MOIL's status as India's leading manganese ore producer—commanding a 53% market share and being the sole domestic supplier of electrolytic manganese dioxide—places it at the center of the country's fast-growing steel sector. Recent events, including record production in Q1 FY26, a positive price revision for select manganese grades, and an independent board refresh, have further enhanced confidence in the company’s governance and growth strategy. The overall market sentiment is cautiously optimistic, supported by MOIL’s strong balance sheet, nearly debt-free structure, and attractive dividend policy. The consensus target price stands at ₹504, based on the views of more than 9 prominent domestic and global banks, reflecting a constructive outlook as MOIL leverages industry tailwinds and ongoing capacity expansion in one of India's strategic mineral sectors.
- ✅Dominant 53% market share in Indian manganese ore segment
- ✅Strong financials with consistent double-digit profit growth
- ✅Strategic expansion with new mines and modernization projects
- ✅Virtually no debt, ensuring financial stability
- ✅Stable and attractive dividend policy backed by robust cash flows
- ❌Performance sensitive to steel industry demand cycles
- ❌Exposure to manganese price volatility may impact margins short term
Score- ✅Dominant 53% market share in Indian manganese ore segment
- ✅Strong financials with consistent double-digit profit growth
- ✅Strategic expansion with new mines and modernization projects
- ✅Virtually no debt, ensuring financial stability
- ✅Stable and attractive dividend policy backed by robust cash flows
Is it the right time to buy MOIL?
- ✅Dominant 53% market share in Indian manganese ore segment
- ✅Strong financials with consistent double-digit profit growth
- ✅Strategic expansion with new mines and modernization projects
- ✅Virtually no debt, ensuring financial stability
- ✅Stable and attractive dividend policy backed by robust cash flows
- ❌Performance sensitive to steel industry demand cycles
- ❌Exposure to manganese price volatility may impact margins short term
Score- ✅Dominant 53% market share in Indian manganese ore segment
- ✅Strong financials with consistent double-digit profit growth
- ✅Strategic expansion with new mines and modernization projects
- ✅Virtually no debt, ensuring financial stability
- ✅Stable and attractive dividend policy backed by robust cash flows
- What is MOIL?
- The price of MOIL stock
- Our full analysis of the MOIL stock
- How to buy MOIL stock in India
- Our 7 tips for buying MOIL stock
- The latest news about MOIL
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of MOIL for over three years. Every month, over a million users in India trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by MOIL.
What is MOIL?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Indian mining giant with over 53% domestic manganese share. |
| 💼 Market | NSE/BSE | Listed on both major Indian exchanges for high liquidity. |
| 🏛️ ISIN code | INE490G01020 | Unique identifier for MOIL on global trading platforms. |
| 👤 CEO | AK Saxena | Seasoned executive ensures strategic consistency and vision. |
| 🏢 Market cap | ₹7,895 crores | Solid mid-cap status, signaling market confidence and stability. |
| 📈 Revenue | ₹433.39 crores (Q4 FY25) | Revenue rose, supported by growing manganese ore demand. |
| 💹 EBITDA | ₹100.42 crores (Q4 FY25) | Strong operational margin shows efficiency and cost control. |
| 📊 P/E Ratio (Price/Earnings) | 20.7 | Reasonable valuation for sector; reflects future growth expectations. |
The price of MOIL stock
The price of MOIL stock is steady this week. The current share price is ₹388, having changed -0.82% in the last 24 hours and showing a significant correction over the past year. MOIL’s market capitalization stands at ₹7,895 crores, with an average three-month daily volume of about 935,000 shares. The P/E Ratio is 20.7, the dividend yield is 1.56%, and the stock’s beta is 0.38, indicating low volatility. With its key sector role, robust balance sheet, and stable dividend, MOIL’s current level could offer attractive value for long-term investors.
Our full analysis of the MOIL stock
Following an in-depth assessment of MOIL’s most recent financial results and its stock performance over the past three years, we have synthesized a broad set of sources—ranging from core financial indicators and technical trading signals to market data and peer comparisons—using our proprietary analytical toolkit. This comprehensive approach enables us to distill actionable insights for investors actively seeking value and opportunity in the Indian mining sector. So, why might MOIL stock once again become a strategic entry point into the industrial metals segment in 2025?
Recent performance and market context
MOIL has experienced notable price action in the last twelve months: from a 52-week high of ₹588, the stock currently trades at ₹388, reflecting a correction of -28% over the year. Despite this pullback, the company retains a substantial market capitalization of ₹7,895 crores and remains the leading player in India’s manganese industry, controlling 53% of market share. The past quarter was marked by a robust sales increase (+4.21% YoY), record manganese ore production of 5.02 lakh tonnes (+6.8%), and a strategic price hike for select ore grades. Sector trends remain favorable, driven by surging steel demand, infrastructure expansion, and the Indian government prioritizing domestic resource independence. Recent appointments of independent directors and continued recognition as a “Miniratna” Category-I PSU reinforce a stable foundation for growth and accountability.
Technical analysis
From a technical perspective, MOIL now presents several encouraging signals for investors who place importance on trend, support, and momentum. The Relative Strength Index (RSI) at 59.01 suggests the stock is in neutral territory, neither overbought nor oversold, and poised for a possible bullish move. The MACD indicator, currently positive at 5.95, points to gathering upward momentum—a technical “buy” signal. Moving averages support this positive outlook; the share price stands above the 20, 50, 100, and 200-day averages, signaling structural strength and increasing the probability of a renewed trend higher. Well-defined support levels around ₹380-388 reinforce stability, while resistance bands at ₹400 and ₹434, if breached, could trigger a sustained medium-term rally. This technical positioning—neutral with a bullish tilt—implies that MOIL may be transitioning from consolidation toward a new upward phase.
Fundamental analysis
MOIL’s industry standing is built on sound fundamentals and strategic execution. For Q4 FY25, the company delivered revenue of ₹433.39 crores, a YoY increase, and EBITDA of ₹100.42 crores (up 12.86%), underscoring firm operating leverage and cost discipline. Net profit climbed to ₹115.65 crores (+26.88%), handily surpassing analyst expectations and driving EPS to ₹5.68. With operating margins at 32%, MOIL demonstrates exceptional operational efficiency among Indian mining peers.
Valuation remains reasonable: the P/E ratio is 20.7, reflecting market confidence in future growth but well-aligned with global mining norms. The dividend yield of 1.56% highlights a stable payout policy (30% payout ratio), appealing for income-oriented investors. The company’s “Miniratna” status, vast proved manganese reserves, and investment in capacity expansion underline a resilient growth platform. Innovation is evident through its unique position as India’s sole producer of electrolytic manganese dioxide, a critical input for batteries and green technologies. MOIL’s low-debt balance sheet, sound capital allocation, and prudent management round out a picture of stability and future readiness.
Volume and liquidity
A notable strength of MOIL is its considerable trading liquidity. With an average three-month daily volume of 935,374 shares, the stock offers ease of entry and exit even for larger participants. A balanced free float, including 24.41% public ownership and strong government (64.68%) and institutional (7.65% domestic, 3.25% foreign) presence, creates dynamic price discovery and cushions against undue volatility. This robust liquidity fosters transparency and market confidence, making MOIL particularly attractive for both short-term traders and long-term investors focused on efficient execution.
Catalysts and positive outlook
- Production Expansion: The company has achieved new output records and continues to develop new mines, ensuring growth in scale.
- Pricing Power: July 2025 saw MOIL successfully implement ore price increases (+2%), supporting margins in an inflationary environment.
- Sector Leadership: As the only domestic electrolytic manganese dioxide producer, MOIL is well positioned to benefit from India’s battery and EV adoption wave.
- Steel Demand Tailwinds: With India’s steel sector expanding rapidly, manganese demand is set to rise further, directly boosting MOIL’s long-term revenue prospects.
- Financial Strength: A nearly debt-free balance sheet and high operating margins support ongoing dividend distributions and capital investments.
- ESG and Governance: Recognized as a Category-I Miniratna PSU, MOIL upholds strong governance, ongoing ESG commitments, and a robust focus on sustainability initiatives.
With market momentum shifting from neutral to optimistic and a broad set of growth levers in play, MOIL is positioned to start a new structural growth phase—an appealing prospect for long-horizon investors.
Investment strategies
Short-term Approach: Investors seeking shorter-term gains may find the current area near ₹388—a key technical support—attractive, especially as trading signals (MACD, moving averages) indicate a positive pivot. Potential breakout above resistance at ₹400-434 could accelerate returns, particularly with upcoming quarterly results and production milestones acting as possible catalysts.
Medium-term Positioning: MOIL’s steady production increases, pricing initiatives, and upcoming mine developments provide a robust underpinning for medium-term upside. Accumulating shares ahead of further capacity announcements, sector upswings, or policy reforms (such as favourable mining regulations) may offer a tactical edge.
Long-term Thesis: MOIL’s combination of dominant market share, vast reserves, industry leadership, prudent governance, and exposure to megatrends (infrastructure, green energy, EVs) supports durable value creation. Regular dividend payouts and capital discipline allow investors to harness both steady compounding and bonus returns from operational outperformance.
Taking positions near technical lows, compounding on market dips, or scaling in ahead of company-specific catalysts can offer superior risk-adjusted returns. MOIL’s robust fundamentals make it a logical core holding for investors wanting Indian mining and commodity sector exposure.
Is it the right time to buy MOIL?
MOIL stands out as a leader in the Indian mining sector—boasting exceptional operating margins, a defensive balance sheet, record output, and unrivalled domestic market dominance. With a recent price reset creating a favourable valuation entry, technical signals aligning for an upside reversal, and visible catalysts on the horizon, the fundamentals justify renewed interest from discerning investors. The stock seems to represent an excellent opportunity within a sector poised for structural growth over the coming decade. MOIL’s resilient profile, innovation engine, and strong dividend make it a stock to watch closely for those pursuing India-focused equity exposure with conviction.
How to buy MOIL stock in India
Buying MOIL stock online is straightforward and secure when you use a regulated Indian broker. Investors can choose between spot (cash) buying, where you own the shares, or trading via Contracts for Difference (CFDs) for leveraged exposure and flexible strategies. Understanding the pros and cons of each approach helps match your investment goals. For details about comparing brokers’ features and fees, refer to the comprehensive broker comparison further down the page.
Spot buying
Spot buying involves purchasing MOIL shares directly through your demat and trading account, giving you shareholder rights and eligibility for dividends. Indian brokers typically charge a fixed commission per trade, ranging from ₹20 to ₹50, plus small statutory charges.
Example of a Gain Scenario in Stock Investment
If the MOIL share price is ₹388 and you invest $1,000 (about ₹83,000), you can buy around 214 shares with a $1,000 stake, including a brokerage fee of around $5.
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth $1,100.
Result: +$100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading lets you speculate on MOIL’s price movements without owning the shares. You can buy (go long) or sell (go short) with leverage, typically paying a spread (difference between buy/sell price) and possibly overnight financing if you hold positions more than one day.
CFD Position with Leverage: Gain Scenario
You open a CFD position on MOIL shares, with 5x leverage.
This gives you a market exposure of $5,000.
✔️ Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain, on a bet of $1,000 (excluding fees).
Final advice
Before investing in MOIL, it’s wise to compare brokers’ fees, platform reliability, and available tools, as differences can affect your overall return. Whether you opt for direct share ownership or CFD trading, your choice should always reflect your financial objectives, risk appetite, and investment horizon. For a full comparison, see the broker list further down this page.
Check out the best brokers in India!Compare brokersOur 7 tips for buying MOIL stock
| 📊 Step | 📝 Specific tip for MOIL |
|---|---|
| Analyze the market | Review trends in the Indian steel sector and government policies that support domestic manganese mining, both of which directly impact MOIL's demand. |
| Choose the right trading platform | Choose an NSE or BSE registered broker with transparent fees and good support for Indian retail investors trading MOIL stock. |
| Define your investment budget | Allocate funds in line with your risk profile, as MOIL’s stock has seen sharp corrections but also offers stable dividends. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from MOIL’s leadership in manganese production and its history of steady growth. |
| Monitor news and financial results | Track quarterly results, production updates, and pricing changes, as these often drive short-term moves in MOIL shares. |
| Use risk management tools | Set stop-loss limits and periodically review your portfolio to control risk due to fluctuations in commodity and steel prices. |
| Sell at the right time | Plan to book profits near resistance zones or after major positive news, and use technical signals to guide your decision. |
The latest news about MOIL
MOIL achieved a new production record of 5.02 lakh tonnes in Q1 FY26, growing 6.8% year-on-year. This performance, reported in early July 2025, highlights the company's ongoing expansion of output and its ability to capitalize on rising demand for manganese from the Indian steel sector, reinforcing MOIL’s dominance in the domestic market.
Recent manganese ore price increases positively impact MOIL’s revenue outlook for the current quarter. In July 2025, MOIL implemented a 2% price revision on certain manganese ore grades, reflecting improved market conditions and supporting revenue growth as the value of its core product appreciates against input stability.
MOIL consistently outperformed analyst expectations in its latest quarterly results, strengthening investor confidence. For Q4 FY25, the company reported a year-on-year net profit increase of 26.88% and revenue growth surpassing 4.2%, driven by operational efficiency, expansion in mined volumes, and effective cost control.
Technical indicators remain broadly positive for MOIL, signaling continued buying interest from institutional investors. Trading data as of July 2025 shows the share price comfortably above its 20-, 50-, 100-, and 200-day moving averages, while recent MACD and RSI figures point to a healthy underlying trend and potential upside momentum.
Recent board appointments signal ongoing governance strengthening and commitment to strategic growth. In June 2025, MOIL welcomed new independent directors, promoting sound corporate governance and bringing additional expertise to support the company’s sustained expansion and operational modernization within India.
FAQ
What is the latest dividend for MOIL stock?
MOIL currently pays a regular dividend. The latest known dividend was ₹1.56 per share, distributed as part of its steady payout policy. The company consistently maintains a healthy distribution ratio, reflecting both solid earnings and a commitment to rewarding shareholders over time.
What is the forecast for MOIL stock in 2025, 2026, and 2027?
Based on the current share price of ₹388, the projected price is ₹504 for the end of 2025, ₹582 for the end of 2026, and ₹776 for the end of 2027. These targets reflect expectations of robust performance, underpinned by MOIL’s leadership in manganese mining and continued demand from the steel sector.
Should I sell my MOIL shares?
Holding your MOIL shares may be wise, given the company’s dominant market share and resilient financials. Strong fundamentals, ongoing production growth, and management’s prudent capital allocation support a positive outlook for long-term investors. MOIL’s strategic presence in the Indian mining sector makes it a compelling hold for those seeking exposure to essential commodities.
How are dividends and capital gains from MOIL taxed in India?
Dividends paid by MOIL are added to your income and taxed as per your individual income slab. Capital gains for listed shares are taxed at 15% if held for less than a year (short term) and 10% above ₹1 lakh if held longer than a year (long term). There is no special Indian tax-saving scheme for MOIL, but efficient tax planning can help optimise your returns.
What is the latest dividend for MOIL stock?
MOIL currently pays a regular dividend. The latest known dividend was ₹1.56 per share, distributed as part of its steady payout policy. The company consistently maintains a healthy distribution ratio, reflecting both solid earnings and a commitment to rewarding shareholders over time.
What is the forecast for MOIL stock in 2025, 2026, and 2027?
Based on the current share price of ₹388, the projected price is ₹504 for the end of 2025, ₹582 for the end of 2026, and ₹776 for the end of 2027. These targets reflect expectations of robust performance, underpinned by MOIL’s leadership in manganese mining and continued demand from the steel sector.
Should I sell my MOIL shares?
Holding your MOIL shares may be wise, given the company’s dominant market share and resilient financials. Strong fundamentals, ongoing production growth, and management’s prudent capital allocation support a positive outlook for long-term investors. MOIL’s strategic presence in the Indian mining sector makes it a compelling hold for those seeking exposure to essential commodities.
How are dividends and capital gains from MOIL taxed in India?
Dividends paid by MOIL are added to your income and taxed as per your individual income slab. Capital gains for listed shares are taxed at 15% if held for less than a year (short term) and 10% above ₹1 lakh if held longer than a year (long term). There is no special Indian tax-saving scheme for MOIL, but efficient tax planning can help optimise your returns.
On the same topic
