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Listing of MOIL Shares Will be Done on 15 December 2010

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India’s largest Manganese ore producer, will list its share on India’s leading stock exchanges on 15 December 2010. The initial public offering (IPO) received great response from all investors and was subscribed more than 56 times. The has fixed the issue price at higher end of the price band, at Rs.375.

MOIL is one of the lowest cost producers of manganese ore in the world and also India’s largest manganese ore producer and has 50% share in domestic manganese production.

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About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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