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MOIL Q4 PAT spurts to Rs 116 cr


MOIL reported net profit of Rs 116 crore in Q4 FY21, steeply higher compared with 13.47 crore in Q4 FY20.Net sales grew 81% to Rs 450.14 crore in Q4 FY21 as against Rs 248.66 crore in Q4 FY20. Profit before tax stood at Rs 159.37 crore in Q4 FY21, steeply higher than Rs 21.62 crore in Q4 FY20.
The PSU company posted 14.1% decline in net profit of Rs 213.13 crore for the year ended March 2021 (FY21) compared with net profit of Rs 248.22 crore in the year ended March 2020 (FY20). Net sales jumped 13.4% to Rs 1,177.38 crore in FY21 over FY20.
The board recommended final dividend of Rs 4.90 per equity share for the Financial Year ended March 2021. ....

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MOIL announces change in directorate


With effect from 01 June 2021MOIL announced that D. Shome, Director (Production and Planning) ceases to be a Director of the Company on attaining the age of superannuation on 31 May 2021.
Further, as per order dated 25 May 2021 issued by the Ministry of Steel,
Government of India, PVV Patnaik, Director (Commercial) took additional charge of Director (Production and Planning) of the Company w.e.f. 01 June 2021.
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Volumes spurt at SIS Ltd counter


SIS Ltd notched up volume of 74828 shares by 10:49 IST on BSE, a 4.53 fold spurt over two-week average daily volume of 16530 shares
Bajaj Holdings & Investment Ltd, Tube Investments of India Ltd, Chennai Petroleum Corporation Ltd, MOIL Ltd are among the other stocks to see a surge in volumes on BSE today, 29 April 2021.
SIS Ltd notched up volume of 74828 shares by 10:49 IST on BSE, a 4.53 fold spurt over two-week average daily volume of 16530 shares. The stock rose 1.53% to Rs.365.70. Volumes stood at 22668 shares in the last session.
Bajaj Holdings & Investment Ltd witnessed volume of 5464 shares by 10:49 IST on BSE, a 4.5 times surge over two-week average daily volume of 1215 shares. The stock increased 2.74% to Rs.3,548.95. Volumes stood at 3144 shares in the last session. ....

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