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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comMOIL Ltd is India’s largest producer of manganese ore, a critical raw material used in steel manufacturing. The company operates under the Ministry of Steel, Government of India, and plays a strategic role in supporting the country’s infrastructure and industrial growth. With multiple mining operations across India, MOIL supplies manganese ore to leading steel producers.
As India continues to invest heavily in infrastructure, construction, and manufacturing, the demand for steel—and consequently manganese—is expected to rise. This positions MOIL Ltd as a key beneficiary of long-term industrial growth. Investors are increasingly evaluating the MOIL Ltd Share Price Target from 2026 to 2030 to understand its future potential in a commodity-driven business environment.
| Year | Share Price Target (₹) |
|---|---|
| 2026 | 320 – 380 |
| 2027 | 380 – 440 |
| 2028 | 440 – 520 |
| 2029 | 520 – 600 |
| 2030 | 600 – 720 |
| Metric | Value |
|---|---|
| Open | ₹290.60 |
| Previous Close | ₹285.25 |
| High | ₹290.65 |
| Low | ₹276.50 |
| 52 Week High | ₹405.60 |
| 52 Week Low | ₹242.35 |
| Market Cap | ₹5,719 Cr |
| Volume | 987,541 |
| Value (Lacs) | 2,775.98 |
| VWAP | ₹281.69 |
| Beta | 1.16 |
| Face Value | ₹10 |
| Book Value Per Share | ₹135.39 |
| Dividend Yield | 2.00% |
| All Time High | ₹588.00 |
| All Time Low | ₹85.55 |
| 20D Avg Volume | 2,401,405 |
| 20D Avg Delivery (%) | 20.86 |
MOIL Ltd (formerly Manganese Ore India Limited) is a public sector enterprise engaged in the mining and production of manganese ore. The company operates several mines in Maharashtra and Madhya Pradesh and is a major supplier to the steel industry.
Key business areas include:
MOIL holds a dominant position in India’s manganese supply chain, making it a crucial contributor to the steel ecosystem.
With a market capitalization of ₹5,719 crore, MOIL Ltd is categorized as a small-cap stock. This offers growth potential but also exposes investors to cyclical risks.
The book value per share stands at ₹135.39. Compared to the current price range, the stock is trading at a moderate premium, reflecting market expectations of future growth.
A beta of 1.16 indicates slightly higher volatility than the market. This is typical for commodity-based companies.
Overall, MOIL’s financial performance is closely tied to industrial demand and global commodity trends.
| Category | Holding (%) |
|---|---|
| Promoters | 64.68% |
| Retail and Others | 23.68% |
| Other Domestic Institutions | 4.89% |
| Foreign Institutions | 4.83% |
| Mutual Funds | 1.92% |
India’s infrastructure growth is driving steel consumption, which directly increases demand for manganese ore.
Being a PSU, MOIL benefits from government policies supporting mining and steel sectors.
Increasing production capacity can boost revenue and profitability.
Global demand for manganese may provide additional revenue streams.
Manganese is essential for steel production, ensuring consistent long-term demand.
Fluctuations in manganese prices can significantly impact earnings.
The mining sector is highly dependent on economic cycles.
Environmental and mining regulations can affect operations.
Heavy dependence on manganese limits business diversification.
Small-cap stocks may experience sharp price movements.
By 2026, MOIL Ltd is expected to benefit from steady steel demand and stable manganese prices.
Target Range: ₹320 – ₹380
Growth Drivers: Infrastructure development and consistent industrial demand.
Investment Outlook: Moderate growth supported by stable earnings.
In 2027, increased mining output and improved pricing conditions may support growth.
Target Range: ₹380 – ₹440
Growth Drivers: Capacity expansion and favorable commodity cycles.
Investment Outlook: Gradual upward trend with improving margins.
By 2028, MOIL may achieve better operational efficiency and higher production levels.
Target Range: ₹440 – ₹520
Growth Drivers: Economies of scale and rising steel demand.
Investment Outlook: Strong growth phase driven by sector expansion.
In 2029, sustained demand and stable pricing may lead to consistent revenue growth.
Target Range: ₹520 – ₹600
Growth Drivers: Industrial growth and export opportunities.
Investment Outlook: Stable performance with long-term visibility.
By 2030, MOIL could benefit from India’s long-term infrastructure push and industrial expansion.
Target Range: ₹600 – ₹720
Growth Drivers: Continued demand for steel and manganese.
Investment Outlook: Strong long-term potential with cyclical risks.
MOIL Ltd can be considered a cyclical but strategically important stock for long-term investors. Its role in the steel supply chain and government backing provide stability, while rising industrial demand offers growth potential.
However, investors should be aware of commodity price volatility and economic cycles. The MOIL Ltd Share Price Target suggests steady growth over time, making it suitable for investors with a moderate risk appetite.
MOIL Ltd is a key player in India’s mining sector, supplying manganese to the steel industry. With strong government backing and exposure to infrastructure growth, the company offers long-term potential. While the stock is influenced by commodity cycles, it may deliver steady returns from 2026 to 2030.
The estimated target for 2026 is ₹320 to ₹380.
The projected target for 2030 is ₹600 to ₹720.
It can be a suitable long-term investment for those comfortable with cyclical sectors.
Key factors include manganese prices, steel demand, government policies, and economic cycles.
Yes, the company offers a dividend yield of around 2.00%.
This article is for educational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making investment decisions.
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