MOIL's financial results for the second quarter of FY25 show a decline in revenue and EBITDA compared to the previous year. The decrease in sales volume and realization price contributed to this decline. The company's blended margin also decreased from the previous quarter.
In response to the challenging pricing environment, MOIL has implemented price cuts. Sharekhan has downgraded the stock to a "Hold" rating with a revised price target. The stock is currently trading at a relatively high multiple compared to historical levels.