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BUZZ-India's Moil hits 2-mth low; co cuts prices across grades of manganese ore
March 1, 2017 / 4:18 AM / 9 months ago

BUZZ-India's Moil hits 2-mth low; co cuts prices across grades of manganese ore

** Shares of manganese ore miner Moil Ltd fall as much as 4.1 pct to its lowest since Dec. 27

** Stock posts biggest intraday fall since Jan. 31

** Company cuts prices for different grades of manganese ore for the fourth quarter, its second consecutive cut after a series of price hikes. bit.ly/2lRjsBq

** Up to Tuesday’s close, stock has gained about 87 pct in the last 12 months

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