MOIL Ltd posted some excellent numbers for Q1FY18 and sweetened it further with a 1:1 bonus.  

The company posted a fantastic 107% (YoY) increase in net profit at Rs.98 crore on a 83% increased revenue at Rs.339 crore.

It’s EBITDA for the quarter was up 5 times at Rs.121 crore and margins almost doubled up from 13.4% to 35.7%.

The stock price, which had closed yesterday at Rs.328.85, went up to an intra day high at Rs.345.95; it has come off this and is now at Rs.342 levels, up some 4%