Tuesday, December 14, 2010

Moil share price,moil listing price, price of MOIL IPO, Moil IPO share price, MOIL share price 47% high in BSE & 51% in NSE

Moil share price,moil listing price, price of MOIL IPO, Moil IPO share price
MOIL's debut on December 15 2010
MOIL produces more than half the manganese ore used in India. It operates 10 mines in the states of Maharashtra and Madhya Pradesh. It’s a debt-free company with cash reserves of Rs 1,770 crore.
MOIL listing price has been fixed at Rs 375 & after the listing of IPO share price of MOIL Ltd has not looked back.MOIL came out into the market with its IPO to collect Rs 1,260 crore for the Company reinforcement.

Good opening of MOIL has met the street expectations and further lifted investors confidence in state-run public offers

NSE:-It opened at Rs 565 at the National Stock Exchange(NSE), which is 50.66 % up from its issue price.

BSE:-It opened at Rs 551 at the Bombay Stock Exchange(BSE), which is 46.93% up issue price of Rs 375.

Good opening of MOIL has met the street expectations and further lifted investors confidence in state-run public offers due to this the price of Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOC) & Hindustan Petroleum Corporation (HPCL) also raised on Tuesday

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