The company’s vehicle production was impacted on account of a shortage of electronic components in the domestic markets.
Domestic sales were up 4% at 13,281 units against 12,776 units in February 2021.
TS Ramakrishnan joined LIC Mutual Fund AMC on 28th April 2021 before taking over as MD & CEO, effective today.
MOIL rallied 3.17% to Rs 174 after the company decided to increase the prices of different grades of manganese ore and other products with effect from Tuesday, 1 March 2022.
Over last 13 months, core sector growth was positive in 12 out of these months, with Feb-21 being the exception.
Also, investors turned cautious as the economic growth slowed to 5.4 per cent in the October-December quarter against an 8.5 per cent growth in the preceding quarter.
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