Hold MOIL, target price Rs 330: Sharekhan by BNP Paribas

MOIL's stock outlook is now Hold. Sharekhan by BNP Paribas lowered the target price to Rs 330. Manganese ore prices are falling. The steel sector outlook is weak. MOIL's sales volumes are projected to grow. The company aims for 2.4 million tons of sales in FY26. The pricing situation is uncertain.