MOIL has increased the prices of various grades of manganese ore by up to 50 percent for April-June quarter.

It has said in a BSE filing that it has hiked the prices of all ferro grades of ore by 50 percent over previous quarter (January-March) prices.

According to company, the prices of all grades of fines are increased by 10 percent.

The filing has said that “The price of all grades of SMGR (Mn 30 percent) is increased by 20 percent and SMGR Low (Mn 25 percent) is increased by 15 percent over the previous quarter prices.”

Read EquityPandit’s Technical Analysis of Indian Stock Market