110% return in 2 years: This miniratna PSU stock up 11% following dividend announcement - check amount

Shares of state-owned Moil Ltd surged over 11 per cent on Friday after the company reported around 27 per cent year-on-year growth in net profit in the fourth quarter of the financial year 2024-25 and announced final dividend. The stock opened in green at Rs 320.15 on the BSE against the previous close of Rs 317.55. The scrip surged later to touch the intraday high of Rs 354.95 - a rise of 11.77 per cent from the previous close. Last seen, the stock held firmly in green and was trading at Rs 338.60.

Business