Shares of MOIL Ltd rose 2.5% to touch a day’s high of Rs 381 on 2nd January after the company said it has revised prices for different grades of manganese ore and other products for January 2026 and the ongoing quarter.

The revised prices are effective from 1st January.

Prices of all ferro grades of manganese ore—with 44% and above manganese content—have been increased by 3%. Additionally, those with below 44% content have also increased by 3% from the previous year.

Prices of SMGR (minimum 30%) and fines grades have been raised by 5%. Meanwhile, SMGR (minimum 25%) grades have been cut by 5%. Prices of SMGR (minimum 20%) grades have been reduced by 10% compared to last year.

Metal Mandi Fines prices have increased by 10% year-over-year.

The basic price of electrolytic manganese dioxide (EMD) has been lowered by Rs 5,000 per metric tonne. It has changed from Rs 1.95 lakh PMT to Rs 1.9 lakh PMT, MOIL said.

At 2:36 PM, shares of MOIL were trading 1.94% higher at Rs 375 on NSE.

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